LIGHT ANALYSIS / CHART SETUP — SOL/USDT
📈 Structure Overview
Market phase: Selloff → Rebound → Resistance test
Structure: Descending channel / trendline
Key zone: 117.95 – 118.20
Upper resistance: 118.40
Downside trigger: 117.77
Major downside levels: 117.45 → 117.14 → 116.82 → 116.51 → 116.20 → 115.88
📌 What I’m Watching
Scenario A — Bearish Continuation
If SOL rejects the 117.95–118.20 zone and loses 117.77, price may rotate toward:
117.45 → 117.14 → 116.82 → 116.51 → 116.20 → 115.88
Scenario B — Structure Reclaim
If SOL reclaims 118.20 and then clears 118.40, the immediate bearish structure weakens.
The descending trendline would then become the next important structure to monitor.
📊 Indicator Check
MACD: Recovering but still below zero
RSI: 46.93 → neutral-to-weak momentum
Price Structure: Descending trendline + resistance test
Key Confirmation: 117.77 breakdown / 118.40 reclaim
Note: This is a chart framework, not a trade recommendation. Use it to support your own DYOR-based execution plan.
— @nayrbryanGaming #SOLAnalysis #ChartSetup #PriceAction #SmartMoney #Fibonacci #CryptoTrading #DYOR #NFA