- Solana has swept key liquidity on the daily chart, hinting at a possible bullish reversal
- A break of the H2 supply zone could shift market structure from bearish to bullish
- The M15 demand zone holds untapped liquidity and could be a strong buy zone if price pulls back
Solana has just swept a key liquidity zone on the daily chart.
Could this be the trigger for a major price reversal? Let’s dive into the charts and analyze potential scenarios for SOL’s next move.
Solana Analysis: Key Levels to Watch
If we zoom into the H2 timeframe, we can see Solana reacting to a significant supply zone.
This level is acting as resistance, but if it breaks, we’ll witness a shift in market structure from bearish to bullish—a crucial signal for traders looking for long positions.
Now, here’s where things get really interesting.
If the supply zone breaks, my ideal buy setup would be at the M15 demand zone, which currently holds liquidity that has yet to be taken. This zone could act as a strong support level for the next leg up.
Bullish or Bearish? Here’s the Reality
While the technical setup looks promising, let’s be clear—nothing is ever guaranteed in crypto.
Price action is unpredictable, and while this scenario is possible, it’s not a certainty. Solana could easily reject from this supply zone and continue its downtrend.
As always, risk management is key. If the bullish structure confirms, a pullback into the M15 demand could be a solid entry point. But if sellers take control again, we might see a deeper retracement before any real upside momentum.
Final Thoughts on Solana’s Price Movement
Solana is at a critical point, and the next few days will determine whether we get a confirmed bullish reversal or just another fakeout. If you’re trading this, keep an eye on structure shifts and liquidity grabs—they can give you a real edge in this market.
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What do you think? Will Solana break the supply zone and rally?
Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more
