$SOL
$SOL $ experienced notable long liquidation near $80.68, confirming distribution pressure in the current range. Price is struggling to hold above the mid-range support, and rejection wicks show active supply overhead.
Bias: Bearish continuation unless $83.50 is reclaimed
EP: $79.90
TP1: $76.80
TP2: $73.40
TP3: $69.90
SL: $83.60
Trend strength is tilting downward as price prints consistent lower highs on the lower timeframes. Momentum indicators show weakening buyer participation after the liquidation sweep. With downside liquidity still intact below $77, probability favors continuation toward the lower targets.
SOL
82.6
+1.21%