DAILY SIGNAL — SOL/USDT
Date: 09 Sep 2026 Timeframe: 1m Intraday Bias: Bearish continuation → resistance rejection → downside liquidity
📊 Market Bias
SOL remains inside a short-term descending channel after failing to sustain the recovery above the 104.00 area.
Price has returned to the purple structure zone around 103.38–103.65, which is now acting as an important reaction area.
The latest candles are struggling to reclaim the descending resistance, keeping the short-term structure bearish.
🔹 Key Levels From Chart
Entry Zone — Short Reaction Bias: 103.38 → 103.65
Key Resistance: 103.73 → 103.90
Invalidation: Above 103.90
Key Support: 103.38
🎯 Downside Fibonacci Targets
TP1 → 103.21 (1.5 Fib) TP2 → 103.03 (2.0 Fib) TP3 → 102.86 (2.5 Fib) TP4 → 102.69 (3.0 Fib) TP5 → 102.51 (3.5 Fib)
📈 Technical Breakdown
SOL has been making lower highs while respecting the descending channel.
The recent rebound from the lower area failed to produce a confirmed bullish reversal.
Price is now pressing against the 103.38–103.65 structure zone while remaining beneath the descending trendline.
MACD remains below the zero line, while RSI is around 38, showing weak momentum without being deeply oversold.
A confirmed rejection from the current zone followed by a break below 103.38 would strengthen the bearish continuation scenario.
If price instead reclaims 103.90, the bearish setup should be reassessed.
🧠 Quick Insight
“Resistance becomes powerful when the market keeps failing to reclaim it.”
⚠️ Disclaimer
This is personal market analysis, not financial advice. This chart framework is for educational purposes only.
Always DYOR / DYODD, manage risk properly, and avoid emotional trading.
— @nayrbryanGaming #SOL #SOLUSDT #Crypto #Trading #TechnicalAnalysis #PriceAction #Fibonacci #Binance #DYOR #NFA #NoFOMO