📉 SOL: Daily Vision (D1) – Key Levels and Areas of Interest
To wrap up our analysis of Solana, we look at technical behavior within the daily timeframe (D1), where the structure provides clear signals for the coming week.
Structure analysis:
Range limits: As seen in image_5b700e.png, we have the weekly range horizontals marked (in red 🔴), which act as our main liquidity references.
Current zone: Currently, price is supported above a daily FVG (Fair Value Gap). From this position, the technical expectation points toward bullish continuation.
Contingency plan: Although at the moment I don’t consider a further decline likely, it’s always vital to trade with a plan. If price were to pull back, the area of interest is the weekly minimum. If it were to sweep that weekly Low, the probabilities of a bullish reversal remain high.
Conclusion: We stay focused on respecting these levels. The current structure gives us reasons to be optimistic, but always keeping an eye on liquidity management within our weekly range.
What expectations do you have for SOL in the next few days after this support in the daily FVG? I read you in the comments. 👇