LIGHT ANALYSIS / CHART SETUP — SOL/USDT
📈 Structure Overview
Market phase: Consolidation → Breakout → Resistance Test
Ascending structure: Higher lows inside rising channel
Key reaction zone: 111.70 – 111.90
Major resistance: 112.21
Primary invalidation: 111.45
📌 What I’m Watching
Scenario A — Bullish Continuation
If SOL holds the 111.70–111.90 reaction area and reclaims 112.21, price may rotate toward:
112.59 → 112.97 → 113.35 → 113.73 → 114.11
These levels correspond with the Fibonacci extensions marked on the chart.
Scenario B — Pullback
If SOL fails to hold the reaction zone, price may revisit:
111.45 → 111.06
A deeper move below 111.45 would weaken the current ascending structure.
📊 Indicator Check
MACD: Positive → bullish momentum remains present
RSI: Recently elevated → momentum has cooled from the local high
Price Structure: Ascending channel + higher lows
Key Confirmation: 112.21 reclaim / 111.45 breakdown
Note: This is a chart framework, not a trade recommendation. Use it to support your own DYOR-based execution plan.
— @nayrbryanGaming #SOLAnalysis #ChartSetup #PriceAction #Fibonacci #CryptoTrading #DYOR #NFA