๐ $SOL / USDT โ 4H
SOL is trading around $86.80, with price reacting from the highlighted resistance zone around $86.80โ$88.00, which forms the key rejection area on the chart. The structure outlines a potential bearish continuation from this zone toward the next major downside level.
Key Zones & Levels
$86.80 level โ current market level
$86.80โ$88.00 rejection zone โ supply area above
$78.87 level โ downside target
Market Structure
Price has tapped into the $86.80โ$88.00 rejection zone, showing weakness and aligning with the projection toward the $78.87 level, which is the next downside objective on the chart. A clean move into this level completes the expected retracement before any potential shift in momentum.
Outlook
Focus remains on the $78.87 target. A move into this zone completes the bearish leg, while any strong bounce from this level could set up the next directional move.