SOL attempted to reclaim the VAH (value area high) but failed to secure acceptance - a classic rejection signal.
When VAH fails to hold, price typically rotates back through value zones. That's exactly what we're seeing play out here.
The fast downmove combined with low volume participation suggests stops got triggered rather than genuine selling pressure building.
Key levels to monitor: Watch how SOL reacts at VAL (value area low) and the next higher timeframe support. These will determine whether we establish a new range or continue the rotation lower.
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SocialAnxietyStaker
· 01-21 18:55
This wave of SOL indeed couldn't hold its ground, and now it has to go back and retest the support.
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FlashLoanKing
· 01-21 11:05
SOL has dropped again, and VAH can't hold it... This time it's really a bit uncertain.
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ReverseFOMOguy
· 01-19 14:56
SOL's surge to the top has stalled again, a classic fake-out.
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just_here_for_vibes
· 01-19 14:54
SOL has once again retested support; I knew it would turn out like this.
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SpeakWithHatOn
· 01-19 14:34
Sol fakes a move again, using the same trick every time... Still depends on whether it can hold the support below.
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AllTalkLongTrader
· 01-19 14:29
SOL this wave is a textbook stop-loss smash, a low-volume decline with this kind of behavior... It depends on whether VAL can hold up; if it breaks, we'll keep rotating downward.
SOL attempted to reclaim the VAH (value area high) but failed to secure acceptance - a classic rejection signal.
When VAH fails to hold, price typically rotates back through value zones. That's exactly what we're seeing play out here.
The fast downmove combined with low volume participation suggests stops got triggered rather than genuine selling pressure building.
Key levels to monitor: Watch how SOL reacts at VAL (value area low) and the next higher timeframe support. These will determine whether we establish a new range or continue the rotation lower.