Solana $SOL just pulled off a textbook range sweep! After a quick grab for liquidity at the upper boundary near $92, the price rotated sharply back toward the mid-range. This "fakeout" at the top suggests the market is still respecting its current boundaries until we see a major shift in momentum.
📉 KEY PRICE STRUCTURE
Keep these levels on your radar for the next move:
Range Ceiling: $91.50 – 92.50 (Strong resistance/Liquidity zone)
Mid-Range Pivot: $85.00 – 86.00 (The "make or break" level)
Range Base Support: $76.50 – 78.00 (Deep value/Buying interest)
💡 THE GAME PLAN
We are currently watching for reclaim vs. deeper rotation. Here’s how to play it:
The Bullish Reclaim: If the 4H candle closes and holds back above $86, it sets the stage for a second attempt at the $92 ceiling. 📈
The Bearish Drift: Failure to reclaim $86 (with acceptance below $83) likely confirms a deeper rotation toward the $78 range base. 📉
🛡️ MARKET SNAPSHOT (Perp)
Current Price: 81.50
24h Change: -4.39%
Sentiment: Mean Reversion in play.
Trader's Note: Liquidity runs at range extremes often lead to fast moves back to the center. Don't get caught chasing the breakout without confirmation!
✅ LIKE & COMMENT your SOL strategy! Are you buying the rotation or waiting for the base? 👇
