$SOL
$SOL printed a long liquidation at $85.25, confirming that late buyers were flushed out below short-term support. The structure on the lower timeframes shows a clear breakdown from a compression range, with price now trading under the previous intraday support zone. Liquidity below $85.00 has been partially cleared, but the market has not yet reclaimed the breakdown level.
Trend structure is currently bearish on the 4H timeframe. Lower highs are forming, and price is respecting descending resistance. The failure to hold above $88.00 confirms sellers remain in control.
Key resistance sits at $88.40 – $90.00
Key support sits at $82.00 – $80.50
EP: $86.20 – $87.00
TP1: $83.20
TP2: $80.80
TP3: $77.50
SL: $90.40
Trend strength remains negative with consistent lower highs. Momentum is expanding downward after the liquidation sweep. The inability to reclaim $88.00 suggests continuation toward deeper liquidity resting below $82.00. Bias favors bearish continuation unless $90.00 is reclaimed with strong volume.
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