$SOL is showing some spine after that ugly staircase down move. The sweep below $82 looks like the kind of liquidity hunt that can finish off late bears and reset the bounce.


I’m watching the reclaim from that deep wick closely. Price is back inside the value area, and the local micro-wedge looks like it’s trying to break upward. That matters as long as SOL keeps holding the $82.00–$82.50 area on the lower timeframes.
The bigger structure is still that descending broadening wedge, so this is more about whether buyers can keep acceptance above the reclaimed floor and press into the upper resistance near $84.00–$84.50. If the move stalls and loses $81.00 on a sustained close, the whole recovery read gets a lot weaker.
SOL1.08%
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