$SUN
🔹 NEXT
Everyone was looking at the historical high of $260. They thought we would break through and immediately reach $500. If the buyers had enough strength, we would have seen a confident exit above $260 and the price holding for at least a few days. This would show that investors continue to hold the asset. But what happened? The price stupidly removed liquidity at this level, and everything fell to $175.
🔹 Range 110–210$
What is more important now is the six-month accumulation between $110 and $210. We are back in this sideways range. Now the main target is the lower end of this accumulation ($110 range), because all this is explained by the Wyckoff methodology.
🔹 Market Maker Sell Model (MMSM is a movement model when a large player first manipulates the price, forcing small traders to buy, and then actively sells, causing the price to fall).
The Solana graph is a textbook case for MMSM:
• Accumulation ($110–210) — where the price will try to clear its upper and lower limits (the upper limit was already cleared when entering the ATN, so only the lower limit remains).
• Manipulation is the removal of ATH as additional liquidity and the return of the price to the sideways trend that we have already seen.
• Expansion is the decline we are seeing now. The price is preparing to finish liquidity below $120.
My goal is $100–120.
