SOLUSDT. Potential reversal to 94.

Technical analysis:

1️⃣СCI – above +100. To confirm an upward move, it would be good to wait for a decline first.
2️⃣RSI – Between 50 and 70. Neutral, but there was an earlier rebound from 50. Could indicate growth without a significant pullback.
3️⃣Levels:
🔸61.8% Fibonacci retracement = 88.03 + set up = 87.59 – potential stop on an upward move.
🔸50% Fibonacci retracement = 86.29 + first uptrend = 85.74 – potential stop on an upward move.
🔸Volume block 88.97 – 90.08 + first extension up = 91.03 – potential stop on an upward move.
4️⃣Larger TF (h4) – very high volume at 82 – 88. At the 61.8% Fibonacci level, there is potential to encounter resistance at 200 EMA
5️⃣Price movement forecast – on the chart.

Entry, stop, take:

🔸Entry: Buy. From current levels (quite dangerous) or after breaking above the 50 EMA + breaking through high volume 2 = 85.90
🔸Stop: Preliminary beyond the peak of 79.95
🔸Take: TP on high volume 1 = 93.90. Alternatively, any of the levels in the list above
🔸Risk/Reward: 2.98 on high volume 1
🔸Execution: Within a week

Cancellation

🔸Sharp drop beyond the peak of 79.95

Fundamental

1️⃣ Fear Index: 8 (Extreme Fear) → 🟢 Positive for SOL
One of the lowest values in 2026.
2️⃣ BTC Dominance: 56.27% → 🔴 Negative for SOL
Capital in BTC, change of 1% since last week.
3️⃣ SSR: 10.07 (low) → 🟢 Positive for SOL
Lots of free stablecoins relative to BTC’s market cap. There’s a good chance of buying.
4️⃣ ETH/BTC: 0.0327 (14th month below 0.05) → 🔴 Negative for SOL
While ETH is underperforming BTC, all altcoins are under pressure overall.
5️⃣ BTC/S&P 500 Correlation: ~0.74 (30 days, high 2026) → 🔴 Negative for SOL
High correlation with the stock market.
6️⃣ Funding Rate (SOL): -0.0009 → ⚪ Neutral
There aren’t many shorts, although they dominate int the moment.
7️⃣ Open Interest (SOL): ~$5.05–5.34B → ⚪ Neutral
OI is moderate, without extreme overheating.
8️⃣ Liquidations (24h): ~$10–13M, mostly shorts → ⚪ Neutral
Moderate volume.
9️⃣ CVD Spot vs. Perps (SOL): Futures CVD -$4.4M for the week. Spot CVD -318K SOL for the week → 🔴 Negative for SOL
Selling on both futures and spot.
🔟 SOL ETF Flows: -$10.4M in the last week of March, 3 days of outflows in a row. → 🔴 Negative for SOL.
Institutions are reducing exposure.
1️⃣1️⃣ DEX Volume: ~$2.0B/24h. → ⚪ Neutral
Solana is leading the trading, but the number of traders has decreased. Whales are interested in the $78–$90 range and are not accumulating. Selling was prevalent at the end of March.