I’ve closely analyzed the Solana (SOL) chart using pure market structure, focusing on what has already happened and what is most likely to happen next. Based on this analysis, I see two possible scenarios, and both favor a bearish continuation.
Scenario 1: Pullback Before Further Decline
On the weekly timeframe, SOL broke a major structural low at $170.25, which marked a clear trend shift from bullish to bearish. After this shift: SOL created another lower low by breaking $125 This confirms a bearish structure (lower highs and lower lows) In this scenario, a pullback into the weekly supply zone at $178.33–$204.83 is expected.
Once price reaches this zone and forms a lower high, SOL may continue its bearish trend and break below $93, extending the downside move.
Scenario 2: Breakdown Before Pullback
In this case, SOL may: First break below the $93 low, creating a new lower low Then pull back into the weekly supply zone ($178.33–$204.83) Use that zone to form a lower high, confirming bearish continuation This scenario reflects strong bearish momentum, where price does not wait for a pullback before making another breakdown.
Conclusion Both scenarios indicate that SOL remains in a bearish market structure. Until price reclaims key highs and invalidates the current structure, downside risk remains dominant.
If this analysis helped clarify the situation for you, like the post and share your thoughts in the comments. $SOL #solana
Let’s wait for $TRX to break this weak demand zone. Since price returned to the demand zone without breaking the latest high, there’s a high chance that $TRX may finally break this level.
💭 Will $TRX break the demand zone this time, or bounce back once again?
$MYX tapped the supply zone and faced strong rejection. Now it’s approaching the demand zone — this will be the fourth time it tests this level after bouncing three times previously.
💭 Do you think the demand zone will hold strong again, or will it finally break this time?
As mentioned in my previous post, $BEAT was approaching a breakout of the supply zone highlighted by the red rectangle. A long opportunity would occur on a confirmed breakout — and $BEAT has done exactly that.
Now we wait for a pullback to get the best entry.
💭 Will the pullback hold as a solid support, or could it turn into a trap for late buyers?
Trading $XNY is definitely challenging, but I’ve defined my entry zone and trade plan. Having a clear strategy helps navigate even the most volatile markets.
💭 Do you prefer sticking strictly to your plan, or adjusting on the fly when the market moves fast?
$COLLECT has swept liquidity above the supply zone and then formed a lower high. This suggests a failed breakout and potential distribution, keeping the bearish bias intact.
💭 Is this the start of a deeper downside move, or just a fakeout before another push up?
A single candle pushed into the supply zone, left a rejection wick, and was immediately followed by bearish continuation. This indicates a liquidity probe into supply rather than acceptance, confirming that sellers remain in control.
💭 Do you think this was smart money trapping late buyers, or just a clean continuation move?
A single candle pushed into the supply zone, left a rejection wick, and was immediately followed by bearish continuation. This indicates a liquidity probe into supply rather than acceptance, confirming that sellers remain in control.
💭 Do you think this was smart money trapping late buyers, or just a clean continuation move?