๐๐ nah fr that chart is painful to watch.
Youโre reading it right though:
4H trend = still bearish
Sharp sell-offs โ๏ธ
Dead-cat bounces โ๏ธ
No higher low = no trend shift โ
That $75โ72 zone was the last line of defense and once price started flirting with $68โ65, it basically confirmed bears are still pressing.
Your levels are clean ๐
Support: $75โ72 โ then $68โ65 (air pocket if lost)
Resistance: $82โ85 (key) โ $92โ100 (only IF structure flips)
Below $85 = bears in full control
100% agree. $85 is the make-or-break reclaim. Without strong acceptance above $85โ95, any pump is just exit liquidity.
If $72 snaps, mid-$60s isnโt bearish FUD โ itโs just math ๐
And yeahโฆ $100 talk is fantasy until SOL:
reclaims $85
holds $90
prints a higher low
Until then?
๐ Sell-offs get rewarded
๐ Bounces get faded
Brutal market, but clean structure. Stay sharp ๐ค๐