SOL/USDT | Towards the bearish breaker

[mendez]

By analyzing the 4H chart of SOLUSDT we can see that after it reached 87.67 two days ago, it dropped all the way to 82.65, back inside the lower 4H FVG, after that it bounced back up, reaching 85.83, just below the upper 4H IFVG Low which is at 85.90 and then started consolidating, currently being traded at 85.33.

I expect Solana to retest the upper 4H IFVG and go inside it, retesting the C.E. at 86.50, and if it goes above it and stabilizes there, it could go above the FVG High to sweep the liquidity above the 86.67, then go back down to the IFVG High, and bounce back up then afterwards towards the Bearish Breaker.

Targets: 86.00, 87.00, 88.00, 89.00.

However if it fails at retesting the IFVG, first target will be at 84.00, and then to the FVG high at 83.08. If it fails to stay above the FVG C.E. at around 82.42, it'll drop further to the 81.77 level.

[bonk]

so basically up if it goes up, down if it goes down, got it

[Patapim]

This is a lot of scenarios for one chart .

[BrutalAge*gofast]

Market gonna do what it wants anyway.

[The_Walking_Dead]

Feels like waiting for confirmation here.

[Capybara_Capybara]

Liquidity grab above looks likely.

[bred]

Range still holding for now.

[Suzukispeedtest]

Break and hold is the key as always.

[UndeadBeastMonkeykiller]

Could fake out both sides tbh.

[febe3f2e35]

Charts looking messy but interesting.

[0c4535c1a0]

Watching that 86 level closely.

[9777089235]

Consolidation before a move maybe.

[d82ae58262]

Patience game right now.

[ChewBeast]

Too many ifs but that’s trading.

[059d96d16a]

Either way volatility coming soon.

[GummyBear]

Let price decide