crypto.news 2025-04-14 20:56:01

Solana liquidity grab below $90 coming first or a reclaim of point of control resistance?

Solana is currently struggling to reclaim a key point of control within its trading range, leading to a weak rejection and signs of bearish compression. As the price remains below this critical volume zone, it opens up the possibility of a move below $90, a region primed for a potential liquidity sweep and swing failure pattern that could set the stage for a significant reversal. Solana’s ( SOL ) recent price action suggests an effort to build a base, but bullish momentum is being capped by its inability to reclaim the range’s point of control—where the majority of recent trading activity has occurred. This failure has turned that zone into short-term resistance, compressing price action and leaving Solana vulnerable to further downside unless reclaimed decisively. Key points covered in this article: Rejection at the point of control puts pressure on Solana’s short-term trend $89 support remains critical for a possible SFP and reversal trigger Liquidity beneath current levels could fuel a bullish rotation back to $178–$252 Source: TradingView Solana’s rejection at the volume point of control has created a precarious technical setup. This level, once acting as support, has flipped into resistance, tightening price action and amplifying the likelihood of a liquidity-driven dip. Unless Solana reclaims this volume node with conviction, the short-term outlook remains defensive for bulls. The $89 support, just under the psychological $90 threshold, is now a key area to watch. It marks a swing low that remains untouched and sits in a high-liquidity zone. A sweep of this level followed by a clear swing failure pattern could trigger a strong reversal, with upside targets in the weekly structure zone between $178 and $252. You might also like: Solana price path of least resistance in April is $80 – Polymarket It’s essential to understand that markets hunt liquidity, and the region below $90 is likely loaded with stop orders from traders holding positions between $130 and $100. A move into this liquidity pocket would be consistent with typical market structure, especially in a consolidating asset. However, if Solana manages to reclaim the point of control before that happens, this bearish scenario becomes invalidated, and a more bullish outlook resumes, favoring continuation toward higher resistance levels. How to trade this setup: Wait for a sweep of the $89 low, and look for signs of a swing failure pattern as a trigger for long entries. If confirmed, position for a potential rally targeting $178–$252. If price reclaims the point of control, consider adjusting the bias to favor bullish continuation. It is important to use price action upon discretion and management according to your trading system Read more: Solana price early bullish signal points to jump to $150

Meist gelesene Nachrichten

Tesla Maintains 11,509 Bitcoin Holdings as Mu...
2025-04-23
Bitcoin Surges Past $94,000: Strategy’s Holdi...
2025-04-23
Pi Coin Price Prediction Today: Can it Hit $1...
2025-04-23
Jay Clayton Takes Helm at SDNY, Returning to...
2025-04-23
Tesla holds onto Bitcoin as Musk says time at...
2025-04-23
Immutable Free To Announce Deal After SEC Clo...
2025-04-23
Bitcoin Must Clear This Critical Cost Basis L...
2025-04-23
10,000% Potential: MAGACOINFINANCE, XRP, and...
2025-04-23

https://www.digistore24.com/redir/325658/ceobig/

Ähnliche Neuigkeiten

WazirX Gears Up for Singapore Hearing on Restart
23 Apr 2025
Whale Profits Over $1.4 Million from ETH Swing as...
23 Apr 2025
Richard Heart Celebrates SEC’s Withdrawal of Fraud...
23 Apr 2025
SEC says it won’t re-file fraud case against Hex’s...
23 Apr 2025
Trump’s Executive Order: Anticipation Grows for U....
23 Apr 2025
Arthur Hayes says Treasury buybacks are about to l...
23 Apr 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen