$SOL Bullish reaction after aggressive sell climax into 77 support.

I’m seeing a vertical drop from 86.7 straight into 77.1. That kind of move is not slow distribution, it’s forced selling. The 77.16 print looks like a liquidity grab below short-term support. Price reacted instantly from that level, which tells me buyers were waiting there.

Market Read:
I’m watching 77.0–78.0 as demand. The structure on 1H is broken short term, but the momentum of the sell-off is fading. Small-bodied candles after the dump show absorption. If price builds a higher low above 78 and reclaims 80, this can turn into a squeeze toward the breakdown origin.

This is a reaction trade from support, not blind reversal.

Entry Point:
I’m entering between 78.00 – 79.20 after consolidation and minor structure shift on 1H.

Target Points:
TP1: 81.90 (recent breakdown level)
TP2: 84.80 (prior supply zone)
TP3: 86.70 (previous local high)

Stop Loss:
75.80 below the sweep low and clear invalidation.

How it’s possible:
The drop cleared weak longs and triggered stops under 80. If sellers fail to push below 77 again and price reclaims 80, trapped shorts can fuel upside. Volatility expansion often leads to mean reversion toward the origin of the impulse. That origin sits near 82–85.

I’m trading the bounce from demand with defined risk and clear invalidation.

Let’s go and Trade now $SOL ‌