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Borsalar Piyasa Stablecoin

Solana Breaks Falling Wedge — Is the Next Move $85–86 or $94–96?

Solana Breaks Falling Wedge — Is the Next Move $85–86 or $94–96?

SOL / TetherUS BINANCE:SOLUSDT

The market does not reward traders for being early. It rewards those who know when the market has finally confirmed its direction.

SOLUSDT Solana has gone through a relatively long correction after its previous bullish impulse. During this correction, price formed a falling wedge, gradually compressing the market and creating a clear battle between buyers and sellers.

Now, the structure is starting to change.

Price has broken above the falling wedge, and on the lower timeframe we are already seeing early signs of bullish market structure.

This is the first important improvement in the setup.
However, I don't want to chase the breakout.

🟢 Bullish Scenario

The key area I am watching for a potential long setup is around the $74 support zone.

If price holds this area and gives us a clear bullish confirmation on the lower timeframe — such as a bullish rejection, strong candlestick pattern, or a continuation of higher highs and higher lows — the probability of further upside increases.

The first major objective is:
$85–86

This area combines an important resistance zone with the 61.8% Fibonacci expansion level, making it a natural area to expect the first serious reaction from sellers.
If SOL can break and hold above this resistance, the larger target becomes:
$94–96

This is the major mid-term resistance zone and the next important objective from the Fibonacci expansion structure.

So the bullish roadmap is:
$74 support → $85–86 resistance → $94–96 major resistance

🔴 Bearish Scenario

The bullish setup is not unconditional.

If price loses the $74 support zone and starts showing bearish market structure on the lower timeframe, I would no longer be interested in forcing a long position.

The major invalidation level is $70.
A decisive break below $70 would invalidate the current bullish structure and suggest that the falling-wedge breakout may have failed.
In that situation, I would step aside and wait for a new structure rather than trying to predict the bottom.

What I am watching now
  • The most important thing is not the next green candle.
  • I want to see how price behaves around the $74 area.
  • If SOL pulls back into this zone and buyers defend it with strong price action, that could provide a much better risk-to-reward opportunity than chasing the current move.
  • On the other hand, if price continues higher without giving a proper pullback, I would rather miss the first part of the move than enter with poor risk management.
  • The breakout gives us a direction. The retest gives us an opportunity.
  • Targets remain $85–86 first and $94–96 as the major mid-term objective.
  • Risk should always be defined before entering. A lower-timeframe bearish structure or a break below $70 would invalidate this bullish thesis.

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