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
Here’s the plan based on current structure: If price breaks below 1.278, it will confirm weakness. After that, if price pulls back and taps the bearish order block (1.46 – 1.5), I’ll look for a short setup.
Breakdown + retest of bearish OB = higher probability entry. $SPACE $PIPPIN
📈 $ORCA Approaching Daily Supply — Watching for Rejection
$ORCA pumped strongly in a single bullish candle and has now reached the daily timeframe supply zone. We can already see a rejection wick, but the daily candle is still bullish and hasn’t closed yet. So confirmation is still pending. 📊 What to Watch • If the daily candle closes with a wick inside the supply zone, it will confirm rejection.
• After confirmation, we can look for a lower timeframe bearish setup for entry.
🎯 Potential Trade Plan (If Confirmed) • Direction: Short
• Target: 0.8
• Stop-Loss: Above the daily supply zone
• Entry: Lower timeframe bearish confirmation
🧠 Trading Insight No candle close = no confirmation. Let the daily close decide the bias, then execute with structure and discipline. Patience first, trade second.
Plan: • Direction: Short • Stop-Loss: Above supply zone • Target: Bullish Order Block at 0.05174 • Breakeven Rule: Move stop-loss to entry if price hits 0.056 demand zone
🧠 Trading Reminder
We don’t predict — we prepare for both scenarios. Let price confirm, then execute with discipline.
If you have any questions or suggestions, drop a comment 💭 $SPACE $PIPPIN