Solana just tapped major resistance — the same level that’s capped every rally since early 2024. This is now the third clean rejection off the $200 zone, and the structure couldn’t be more clear:
– Long-standing range between $115 and $200
– Previous rejections at the top led to full retracements
– This latest attempt? Rejected again — for now
If bulls want to flip the script, they’ll need a confirmed breakout with volume and a clean retest. Otherwise, this chart is screaming “range still intact.”
Until proven otherwise, this zone remains supply-heavy. Keep your risk tight — the next leg could move fast.
#Solana #SOL #RangeTrading #ResistanceZone #CryptoAnalysis #TechnicalBreakdown #QuantTradingPro #PriceAction
– Long-standing range between $115 and $200
– Previous rejections at the top led to full retracements
– This latest attempt? Rejected again — for now
If bulls want to flip the script, they’ll need a confirmed breakout with volume and a clean retest. Otherwise, this chart is screaming “range still intact.”
Until proven otherwise, this zone remains supply-heavy. Keep your risk tight — the next leg could move fast.
#Solana #SOL #RangeTrading #ResistanceZone #CryptoAnalysis #TechnicalBreakdown #QuantTradingPro #PriceAction
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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.