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🚨 $SOL: AFTER A SHARP DROP — RECOVERY OR CONTINUED CORRECTION?
SOL/USDT | Market Structure Analysis Price on the charts: $109.98–110.02
1. NARRATIVE — D1 → H4 → H1 SOL rose from $60.03 to $124.99, after which the market entered a correction. A bearish displacement formed on H1, reaching $105.61. From the low, the price recovered to $110, but a full reversal has not yet been confirmed. HTF Bias: bullish context after a strong rally, but the correction remains in play. Intraday Bias: bearish on H1; locally bullish on M15–M5.
2. KEY LEVELS / DEALING RANGE A: $124.99 — HTF high and external BSL. B: $105.61 — low of the current correction. Local range: $105.61–$124.99; midpoint around $115.30. Price is in the Discount of this range.
3. LIQUIDITY MAP 🔴 BSL: $110.32; $112.05; $115.50–$116.00; $120.80–$122.27; $124.99. 🟢 SSL: $108.90; $108.41; $105.61. Repeated local highs and lows may form Equal Highs/Lows. Inducement requires confirmation on a more detailed chart.
4. POI — AREAS TO WATCH 🔴 $110.30–$112.05 — nearest resistance and local liquidity. 🔴 $113.90–$115.60 — next supply area. 🟢 $108.40–$109.00 — local support. 🟢 $105.60–$106.00 — correction low and potential reaction area.
SNR is assessed based on visible levels. Exact RB, MB, FVG, and IFVG are not confirmed on the screenshots, so I am not marking them speculatively.
⚠️ POI ≠ Entry. A touch of the zone is not a signal.
🟢 MAIN SCENARIO — POI RECLAIM: $108.40–$109.00. Reaction: holding the zone after a possible SSL sweep. M5 Trigger: Liquidity Sweep → bullish MSS → Displacement → FVG/IFVG Retest. Entry: only after full confirmation; otherwise WAIT. SL/Invalidation: break of the established local bullish structure. Expected Delivery: $110.32 → $112.05; further movement depends on the reaction at resistance.
🔴 ALTERNATIVE SCENARIO — CORRECTION CONTINUES POI: $110.30–$112.05. Reaction: BSL sweep and failure to continue higher. M5 Trigger: BSL Sweep → bearish MSS → Displacement → FVG/IFVG Retest. Entry: WAIT without a full Trigger. SL/Invalidation: a sustained reclaim above the local resistance structure would weaken the bearish scenario. Expected Delivery: $109.00 → $108.41; if selling pressure continues — a possible retest of $105.61.
SUMMARY Bias: HTF bullish context, Intraday bearish. POI: $108.40–$109.00 and $110.30–$112.05. Condition: wait for a reaction and confirmation on M5. Trigger: Sweep → MSS → Displacement → FVG/IFVG Retest. Invalidation: break of the local structure for the respective scenario. Until there is full confirmation — WAIT. Don’t chase price or enter in the middle of an impulse.
#SOL #Solana #CryptoAnalysis #MarketStructure 
