โ SOL/USDT โ Market Analysis (1D Timeframe) Price is still moving inside a sideways range after a long downtrend. ๐ข Key Support Levels 1๏ธโฃ Major Support Zone (Strong Demand Zone) $118 โ $125 This zone has been tested multiple times. Buyers previously pushed price up from this level. This is main demand area + bullish order block zone. 2๏ธโฃ Minor Support $130 Price is consolidating right above this level. Weak support โ If broken, price will quickly drop to 125 area. ๐ด Key Resistance Levels 1๏ธโฃ Immediate Resistance $145 โ $150 Multiple rejections have occurred here. This is the nearest supply zone. 2๏ธโฃ Major Resistance $165 โ $170 Strong selling pressure zone. Large previous distribution area. ๐ฆ Order Blocks / SupplyโDemand Zones ๐ฝ Demand Order Block (Bullish OB) $118 โ $125 Last bullish imbalance area before strong move up. Expect buyers to step in here again. ๐ผ Supply Order Block (Bearish OB) $145 โ $150 Final bearish candles before breakdown. Price is likely to reject again from this area. ๐ฏ Point of Interest (POI) POI #1 (High Probability Buy) โ $118 โ $125 Best area for long entries. If price taps here โ Expect bounce toward $145. POI #2 (Sell/Short Zone) โ $145 โ $150 If price comes here โ Expect rejection unless volume increases. ๐ Next Possible Move Prediction โ If price stays below $135, it will likely drop to: โก $125 demand zone retest โ After touching $118โ$125, SOL may bounce toward: โก $145 โ $150 โ If price breaks and closes above $150, next target: โก $165 โ $170 #solana #BTC #xrp
Buy Limit (Upcoming Market Drop) The market can drop at any time, so place your buy-limit orders in advance. A single strong dump is expected, and after that the market is likely to pump again. This is a request to everyone: place your buying orders according to your own analysis.
As I mentioned in last nightโs post (and the targets were successfully hit), the market has shown three clear downward rejections, indicating consistent bearish pressure.
Currently, volume has been dropping for several hours, and the price is also moving lower which means buyers are not showing strong interest at these levels.
Iโm expecting the price to drop into the highlighted demand zone, where stronger buying pressure is likely to appear. Once this lower zone is filled, the market has a good chance to reverse upward.
Additionally, with the upcoming FOMC news, there is a strong possibility of a bullish reaction from the lower levels (a potential pump) if liquidity is collected from the downside first.
๐ Plan: Wait for price to touch the lower demand zone โ watch for strong reaction โ potential long setup. #solana #BTC #fmoc
I'm seeking advice on how to recover from losses and grow my $190 USDT investment portfolio. What strategies would you recommend for achieving profitability in the current market? #solana #xrp #TRUMP