solanastrong

📌 1) Determine Current Structure
At ~$84–$85:
SOL#solana broke down from higher ranges and past support (200-week average & trend structure), meaning structure turned bearish first. �
Reddit
This is not a breakout yet — it broke down and now trying to stabilize.
So we ask: ➡️ Is price reversing upward? ➡️ Is price still trending lower?
📈 2) Reversal Signals to Watch
For SOL to show a true trend reversal, you need:
✅ A series of higher lows
That’s structural evidence buyers are gaining strength.
Right now, chart is likely showing:
Recent lower low → lower high patterns
This typically means bearish if not broken.
✅ Strong Bullish Candles + Volume
A reversal signal needs: ✔ Buyers pushing price above previous swing high
✔ Volume increasing on lift
If price moves from $84 → break above ~$95–$100 with volume spike, that’s the first green flag.
✅ RSI Momentum Shift
Look for: ✔ Higher lows in RSI
✔ RSI crossing above 50
That suggests buying strength returning — not guessing. (You would check this on your chart tool.)
📉 3) Breakout Signals Explained
Breakout means price escapes a clearly defined zone — not just a small bounce.
For SOL here:
Breakout above key resistance levels
From recent historical supply zones:
$95–$100 is a local resistance zone
$110–$120 was major historical support — now resistance If SOL closes daily above these with strong volume → potential breakout candidate.
Without that, price can still be in a bounce within downtrend.
🔍 4) How to Confirm Breakouts on Chart (No Guessing)
Instead of guessing:
Rule A — Proper Breakout Confirmation
1️⃣ Daily candle closes above resistance level 2️⃣ Volume increases on breakout candle 3️⃣ Price retests broken level and holds
(This retest avoids fake breakouts)
Example markers you would check on SOL chart: ✔ Close above $95 ✔ Retest around $95–$100 support ✔ Next leg up confirmed
🔁 5) How to Confirm Reversal
You want multiple confirmations:
Reversal checklist:
✔ Price stops making lower lows
✔ Starts making higher lows
✔ Breaks downtrend line
✔ Bulls defend key support area
✔ RSI divergence / bullish pattern
Without these — what you often have is a bounce not a reversal.
📌 Current Practical Levels for SOL
(As per multiple recent analysis levels)
🔹 Local resistance zones:
~$95–$100 — short-term pivot
~$110–$120 — former support now resistance
🔹 Support below
$70–$50 if momentum weakens further �
Reddit
So right now SOL is more likely: ➡ Inside a corrective or downtrend structure
Until confirmed above key resistance with volume.
📊 What You Should Look For on Your Chart Tool
On a price chart (like TradingView):
✳ Breakout signal
Draw horizontal line at last swing highs (~$95 and $110)
Wait for strong daily closes above them
Volume should rise at breakout
✳ Reversal signal
Draw downtrend line connecting highs
Price should break and close above it
Look for RSI higher lows or divergence#solana #SolanaStrong