#Solana’s doing a little dance: highs at 90–92, base at 76–78, and that dotted line is just showing off as the neckline!
Now price is trading around 81, slowly sliding back toward that base.
This is where things get interesting 👇
When price revisits a neckline after forming lower highs, it becomes a pressure test.
🔎 Key Levels To Watch
Neckline / Major Support: 76–78
Intraday Support: 79–80
Resistance: 85–87
Major Supply: 90–92
🔻 If 76–78 breaks cleanly:
• Quick move toward 72–70
• Extension toward 67–65 liquidity pocket
• Panic acceleration possible if
🔺 If 76 holds strongly:
• Bounce toward 85
• Then retest of 90 zone
• Only above 92 does structure shift bullish again
It’s about reaction at the neckline.
Neckline retests decide trends.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
