🔍 Technical Analysis $SOL #Solana

Solana broke bearish structure with clear confirmation of BoS and ChoCh. The recent movement pushes over a key liquidity zone and clears previous shorts. In the liquidation map, strong density is observed between $175 and $195, with intermediate absorption.

The current price at $171.92 has already passed the compression zone.

The volume is healthy, but it is approaching overextension (risk of profit-taking).

Historically, there is still a way to go until previous annual highs ($210+), but with a lot of friction.

📉 In the short term, it may consolidate before continuing.

----- Ideally wait for a pullback or breakout with volume. -----

🟢 Entry: $171.9 (current price)

📉 Stop Loss (SL): $159.5

🧠 Below the previous breakout candle (protected structure)

🎯 Take Profits (TP):

TP1: $185 → reaction in liquidity block

TP2: $198 → sweep of upper liquidity

📊 Technical Detail:

Concept Value Risk (SL)$12.4 per token reward TP1 $13.1 → R/B = 1.06 reward TP2 $26.1 → R/B = 2.10

In futures (x5-10): monitor rejection at $175.5, cut if it does not hold. (I go with x15) #Gaethje (if you want to wait, wait) #DYOR🟢