$SOL #BiggestCryptoOutflowsSince2022

SOL/USDT chart data, here’s a structured technical analysis addressing each of your points:

1. Bias

· Short-term bias: Bearish.
· Price (82.46) is trading below the Parabolic SAR (83.60), indicating downward momentum.
· It’s also below the middle Bollinger Band (84.25) and near the lower band (80.97), suggesting selling pressure.
· The 24h change is -3.05%, with price hovering near the 24h low (80.49).
· Context: The broader trend may be range-bound between the recent swing low (76.60) and high (91.24), but current price action favors a continuation toward the lower end unless a clear reversal forms.

2. FVG (Fair Value Gap) for Internal Range

· Internal range: Likely the 24h high/low (86.07 – 80.49) or the recent consolidation between 84.05 and 82.46.
· Potential FVG: Without candlestick data, we infer from the listed levels. A possible fair value gap exists between 84.05 and 82.46 if price moved sharply through that zone with little overlap. This gap could act as resistance if price retraces upward. Alternatively, if there was a gap between 89.08 and 84.05, that would be a larger imbalance. Given the current price, the 84.05–82.46 area is more relevant for internal range trading.

3. Highs and Lows for External Range

· External range: The broader swing high and low visible on the chart are 91.24 (high) and 76.60 (low). These define the outer boundaries of recent price action.
· Within this range, intermediate levels include 89.08, 86.07 (24h high), 84.05, and 80.49 (24h low).

4. Draw on Liquidity

· Above price: Liquidity rests above recent highs, where buy stops and breakout traders cluster. Key levels:
· 86.07 (24h high) – immediate resistance.
· 89.08 – prior swing high.
· 91.24 – external range high, a major liquidity zone.
· Below price: Sell stops and support breaks are likely below recent lows:
· 80.49 (24h low) – first downside target.
· 79.02 and 73.99 – lower levels from the Y-axis data, possibly acting as further liquidity pools.
· 76.60 – external range low, a significant liquidity grab area.

Summary: Price is bearish-biased with immediate support at 80.49 and resistance at 84.05–86.07. Watch for a test of the 80.49 low; a break could trigger a move toward 76.60. Any retracement may face selling into the FVG zone near 84.05.