Solana has broken below $135 support, confirming a bearish shift in market structure. The next key level is $96.85, a high-timeframe monthly support that could provide a reaction.
If the Market Auction Theory plays out, a full rotation to $19 is possible, aligning with the Point of Control (POC) and value area low—a major confluence zone for accumulation.
Patience is key for traders and investors. Waiting for price to reach strong demand zones or show signs of a structural reclaim will provide better opportunities.
If the Market Auction Theory plays out, a full rotation to $19 is possible, aligning with the Point of Control (POC) and value area low—a major confluence zone for accumulation.
Patience is key for traders and investors. Waiting for price to reach strong demand zones or show signs of a structural reclaim will provide better opportunities.
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— Team The Alchemist ⚔️
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