$SOL OL Reversed Hard From $71.80 But Is $75 the Right Price to Buy?
Market Overview: $SOL just swept liquidity below $71.80 cleared out the stops beneath the range low, then rallied straight into the $76.5 zone.
Current Structure: Textbook CHoCH + BOS. Structure flipped bearish-to-bullish right after the sweep.
Price has since pulled back to $75.14, sitting in the premium half of the range.
Key Levels: $76.50–76.75 is an equal-highs liquidity pool acting as resistance. Below, $73.70–74.40 is a discount OB/FVG zone where a reaction is more likely.
Trade Idea: Chasing here isn't the move.
Waiting for a pullback into the discount zone makes more sense structure is bullish, but entering right under resistance means poor R:R.
Risk Management: Long positioning on Binance is already heavily skewed one-sided. Protecting capital comes first, chasing targets comes second.
Do you think $SOL pulls back first, or breaks $77+ directly?
Drop your take below.
#Solana #ICTConcepts #BinancSquare #CryptoAnalysis #SOLUSD
Market Overview: $SOL just swept liquidity below $71.80 cleared out the stops beneath the range low, then rallied straight into the $76.5 zone.
Current Structure: Textbook CHoCH + BOS. Structure flipped bearish-to-bullish right after the sweep.
Price has since pulled back to $75.14, sitting in the premium half of the range.
Key Levels: $76.50–76.75 is an equal-highs liquidity pool acting as resistance. Below, $73.70–74.40 is a discount OB/FVG zone where a reaction is more likely.
Trade Idea: Chasing here isn't the move.
Waiting for a pullback into the discount zone makes more sense structure is bullish, but entering right under resistance means poor R:R.
Risk Management: Long positioning on Binance is already heavily skewed one-sided. Protecting capital comes first, chasing targets comes second.
Do you think $SOL pulls back first, or breaks $77+ directly?
Drop your take below.
#Solana #ICTConcepts #BinancSquare #CryptoAnalysis #SOLUSD