On the daily timeframe, Solana is trading inside a broad ascending channel, with clear liquidity sweeps shaping structure:
Liquidity grab below 173 in July triggered a sharp rally.
Liquidity grab above 209 in early August reversed into the current pullback.
Price now sits mid-range around 181, with the 173 support as the next liquidity pool if pressure continues.
Key levels:
173 support = next liquidity pool / possible bounce zone.
209 resistance = liquidity above, still capping rallies.
Channel boundaries provide structure for both scenarios.
This chart highlights how liquidity sweeps at extremes define ranges, giving traders a roadmap for next moves inside larger trends.
Liquidity grab below 173 in July triggered a sharp rally.
Liquidity grab above 209 in early August reversed into the current pullback.
Price now sits mid-range around 181, with the 173 support as the next liquidity pool if pressure continues.
Key levels:
173 support = next liquidity pool / possible bounce zone.
209 resistance = liquidity above, still capping rallies.
Channel boundaries provide structure for both scenarios.
This chart highlights how liquidity sweeps at extremes define ranges, giving traders a roadmap for next moves inside larger trends.
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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.