LIGHT ANALYSIS / CHART SETUP — SOL/USDT
📈 Structure Overview
Market phase: Descending resistance → Supply rejection
Supply zone: ~67.60–67.74
Trendline resistance: Descending blue trendline overhead
Bearish extension targets: 67.46 → 66.74
📌 What I’m Watching
Scenario A — Bearish Continuation (Educational)
If SOL remains below 67.74 and continues respecting trendline resistance, price may expand lower toward:
67.46 → 67.31 → 67.17 → 67.03 → 66.88 → 66.74
Expect temporary reactions around each Fibonacci extension level.
Scenario B — Bullish Recovery (Educational)
If buyers reclaim 67.74 and break above the descending trendline, the current bearish setup weakens and price could rotate back into the upper resistance area.
Note:
This is a chart framework, not a trade recommendation. Use it to support your own DYOR-based execution plan.
— @nayrbryanGaming
#SOLAnalysis #ChartSetup #TechnicalAnalysis #PriceAction #SmartMoney #TradingView #DYOR
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