@skikes1891
Solana (SOL) has just tested a key support level (red line) after breaking down from a previous range. The Volume Profile (left side) shows strong historical trading activity around this area, suggesting itβs a crucial zone for buyers and sellers.
π Key Observations:
βοΈ Support Retest β The price is sitting right at a major historical level. A bounce from here could indicate strong demand.
βοΈ Ichimoku Cloud Bearish Bias β The price is now below the cloud, signaling potential further downside if support fails.
βοΈ Volume Profile POC (Point of Control) β This area has historically been a high-trading zone, meaning it could act as a magnet for price action.