$SOL SOLANA 1DAY TIMEFRAME ANALYSIS UPDATE ๐๐
Possible Scenarios โ Next Move :
๐ป Scenario 1:
Bearish Continuation (Most Likely Without a Reversal Signal) :
If SOL breaks below $110 with volume, next support is around $100โ$95.
Below that, psychological support at $90 could come into play.
This follows the overall structure โ downtrend continuation.
๐ Scenario 2:
Short-Term Bounce / Relief Rally :
If buyers defend $110, we might see a bounce to $125โ$130.
This would likely be short-lived unless volume increases + bullish pattern forms.
For a reversal confirmation, SOL needs to break above $140+ and form a higher low.
๐ Scenario 3:
Flash Dump into Liquidity Zone :
Price could briefly sweep below $110, trigger stop-losses, and then sharply reverse.
This is often a Fakeout move institutions use to trap sellers.
#BinanceAlphaAlert #VoteToListOnBinance #solana #SolanaUpdate #BTCvsMarkets
Possible Scenarios โ Next Move :
๐ป Scenario 1:
Bearish Continuation (Most Likely Without a Reversal Signal) :
If SOL breaks below $110 with volume, next support is around $100โ$95.
Below that, psychological support at $90 could come into play.
This follows the overall structure โ downtrend continuation.
๐ Scenario 2:
Short-Term Bounce / Relief Rally :
If buyers defend $110, we might see a bounce to $125โ$130.
This would likely be short-lived unless volume increases + bullish pattern forms.
For a reversal confirmation, SOL needs to break above $140+ and form a higher low.
๐ Scenario 3:
Flash Dump into Liquidity Zone :
Price could briefly sweep below $110, trigger stop-losses, and then sharply reverse.
This is often a Fakeout move institutions use to trap sellers.
#BinanceAlphaAlert #VoteToListOnBinance #solana #SolanaUpdate #BTCvsMarkets