$SOL / USDT – Higher Timeframe Outlook
#solana ’s higher-timeframe structure continues to lean bearish following a strong rejection from the $230–$280 supply zone, suggesting distribution rather than trend continuation.
Price has already swept buy-side liquidity at the highs and is currently consolidating near the $100 region, with market structure still favoring a move toward lower sell-side liquidity.
A monthly imbalance (IFVG) remains unmitigated in the $60–$80 zone, which stands out as a key area for potential reaction and higher-timeframe reassessment.
Until price achieves a confirmed higher-timeframe reclaim, any upside movement is viewed as corrective within a broader bearish cycle.
Technical analysis based on ICT (Inner Circle Trader) concepts. Educational purposes only, not financial advice. Always do your own research.