Solana Price Outlook, Is SOL Setting Up a Smart Trap?
In the previous update we talked about waiting for a clean choch before looking for longs.
Well, Solana did not give us that choch at all.

Instead, it dipped, grabbed the liquidity sitting below, perfectly respected the last low, and then pushed up. Honestly, this kind of move always reminds me of that moment when you think you missed the bus, then it stops right in front of you and the driver waves you in like he knew you were coming.
Now Solana is sitting around 140.

The interesting part is this, liquidity is sitting both above and below current price. It is like price is stuck between two magnets, and whichever side gets triggered first will probably decide the next clean move.
Personally I expect a manipulation to the downside.
Not a tiny dip but a move that scares the impatient traders and forces the weak hands to exit. T
hose kinds of moves usually create the perfect long entries, because market makers get exactly what they need, fresh sell orders, the perfect counterparty for their buys.

Still, we can never be fully certain.
The market does what it wants, when it wants, and it often moves in unpredictable ways. What I am sharing here is a possible scenario, not guaranteed truth. Always treat these setups as probabilities, never certainties.
If Solana completes this lower manipulation, I think it could give us a beautiful long continuation. The solana price structure still looks healthy and the liquidity above is a strong target the market might eventually want to take.
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My name is Francesco, I am a funded trader and I have a deep passion for forex, cryptocurrencies, and trading as a whole. I feel lucky, that I am able combine my skills with what I love. I'm very interested in factors driving price movements and enjoy uncovering the reasons behind them. My primary interests include Bitcoin, Altcoins, macroeconomics, and all related to trading.


