- – SOL has reached a critical demand zone—a reaction here could trigger a move higher.
- – If the demand fails, SOL could turn bearish, making shorts more attractive.
- – Liquidity is resting above—a breakout could send SOL higher, but confirmation is key.
Legends, in our last Solana analysis, we discussed how the price had liquidity on both sides. The liquidity below has now been taken, and SOL has finally reached the key demand zone we’ve been watching for a while.
Now, the big question is: Will we see a reaction from this demand to push higher and take liquidity above?
Or will SOL break through, turning bearish? This is the last strong demand level where buyers could step in. If it fails, I’ll be much more interested in shorting the market.
Potential Scenarios for SOL
Bullish Scenario: Reaction from Demand
If buyers step in at this level, SOL could gain momentum and head for the liquidity resting above. A strong bounce from demand could trigger another leg up, especially with the general bullish trend across altcoins.
Bearish Scenario: Demand Breaks
If SOL breaks below this key demand, we could see a shift in market structure, making shorts much more attractive. In this case, I’d look for confirmation and an opportunity to sell on a retracement.
Final Thoughts – Stay Ready!
As always, there’s no absolute certainty in trading. The market does what it wants, and our job is to react, not predict with 100% confidence. The scenarios I outlined are possibilities, but it’s crucial to stay flexible and adapt to what the price action shows us.
If you’re following my Solana price predictions, stay tuned for my next analysis—I’ll break down exactly what SOL does next and how to trade it.
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
