Solana/Tether USD

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SOLUSDT head.. shoulders knees and toes knees and toes! One head, two shoulders, knees and toes twice then only change of trend.. let us all sing and wait at $28.

​Current Price: $131.79
​Trend: The price is currently in a downtrend from $140.00.
​Projection: The chart suggests a continuation of the downtrend. A potential scenario involves a small bounce/retest (indicated by the blue arrow) toward the $132.45 resistance/entry area, followed by a move down to the Demand/Support Zone marked by the black boxes, around the $123.16 level.
​In short: Bearish outlook. Anticipate a drop toward the $123 support area after a possible brief retest higher.

tradingview.com/x/SRacmOl2
Snapshot

SOLUSDT SOLUSDT is currently trading around 133.70, holding below a key supply line, which shows that sellers are still in control.
In SMC terms, price is reacting from a supply zone, indicating that the previous move up has met active selling. As long as price continues to respect this supply area, the market can seek downside liquidity toward the 121.91 support region.

This observation highlights how price often moves from a supply imbalance toward a previous demand or liquidity zone.
Shared purely for educational and learning purposes.
Snapshot

SOLUSDT I'm hesitant to call a bottom because it doesn't look like one structurally, but the downside continuation I was expecting this hour as the moving averages push down hasn't happened yet. Instead, it's pushing up. It did hit the key level of $131 but the way things are going I would expect one more drop.


SOLUSDT like I said 85% of SOL traders buy green only and not red.. Pussies



SOLUSDT SOL dropped to 123 but buyers stepped in immediately and pushed the price all the way to 142 which is more than a seventeen percent rebound. The reaction confirms that the demand zone is still valid and the chart has turned constructive again. Right now the key level to watch is 149. If Solana manages to break above 149 cleanly the next upside targets open toward 158, 166, and eventually 178.

For now I want to see if momentum continues to build as price approaches the breakout level.

tradingview.com/x/ZepyaArO/
Snapshot