SOL/USDT – Institutional Technical Analysis (4H)
Solana is currently testing a high confluence area, following a marked bearish CHoCH, which could indicate a potential bullish reaction point if the key support holds.
Key technical aspects:
The price has come from a strong decline after the bearish Break of Structure (BOS), reaching an area of imbalance + liquidity with support at 143.61 USDT.
The chart shows previous manipulation structures: Equal Highs, Liquidity Sweep, and CHoCH, setting up a typical institutional accumulation environment.
A technical rebound is projected up to the mitigation zone located near 173.25 USDT, with a bullish potential of +20.64%.
Expected projection:
Possible rebound after mitigation in the demand zone and subsequent structural confirmation with a new bullish BOS.
High probability of movement in a bullish market structure pattern, validating with each pullback.
Relevant zones:
Strong institutional support: 143.61 USDT
Technical target: 173.25 USDT
Ideal entry area: near the last Weak Low
Conclusion:
Solana could be finalizing its corrective phase if the current Strong Demand zone holds. The projection anticipates a technical rise towards previous mitigation levels, validating entry once the bearish sequence is clearly broken.
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