SOL Grinds Under $83 Weekly Open: Will a Liquidity Flush Trigger the Next Rebound? 🚀
) is working through a deep structural correction phase, compressing heavily right beneath its crucial weekly open mark of $83.05. The market has dropped below its previous higher range, entering an intense accumulation block.
The Alpha: The latest liquidation heatmaps show a highly bullish silver lining: high-leverage retail long positions have been completely flushed out and reset. This leaves the order book completely clean of over-extended positions. While a downside test of the $61.14 macro support remains a risk if the weekly open is rejected, significant upside liquidity is sitting untouched between $88 and $90.
The Trade: This is a classic patience play. A clean lower-timeframe candle flip and close above $83.05 invalidates the immediate bearish setup, paving the way for a rapid short-covering surge into the $90 target zone.
Solana has fully reset its leverage metrics. Is this an elite buy-the-dip opportunity or are you waiting for $60? 👇