$SOL Intraday Trade Setup

Market Structure Context:

On the 1H chart, Solana has formed a clear bearish market structure after rejecting a key supply zone near $88.00. The recent price action has made lower lows and lower highs. Price is currently approaching a major bearish Order Block (the last up-candle before the displacement downward), which represents a premium zone for looking at short opportunities. Institutional liquidity (sell-side) is now heavily engineered below the previous swing low at $81.50, and unmitigated daily bullish order blocks lie even deeper.

🎯 Strategic Setup

Optimal Entry Zone (OTE): $$85.40 - \$86.30 (Wait for lower timeframe confirmation like a 15m structural shift and a test of the 1H Bearish Order Block/Fair Value Gap).

Stop-Loss (SL): \$87.35 (Placed safely above the high of the last major institutional wick; invalidates the immediate bearish setup if hit).

Risk-to-Reward Ratio (RR): \approx 1:2.4

💰 Institutional Liquidity Targets (Take-Profit)

Take-Profit 1 (TP1 - Internal Liquidity Sweep): \$83.50 (Taking partials at the internal wick cluster liquidity).

Take-Profit 2 (TP2 - Main Target / Engineering LQ Sweep): \$81.30 (Sweeping the major wick low at \$81.50 into unmitigated daily demand). This is the key zone.