SOL: Situation analysis for Sept 1SOLUSDT Perpetual ContractBYBIT:SOLUSDT.PWall_Street_LevelsSOLUSDT.P Solana approached the intermediate monthly resistance πM-Levels and has been trading inside the formed weekly range πW-Levels $99β$108 for almost a week now. Right now the coin is at a fork: a breakout of the weekly range in either direction will dictate the next move. Scenario 1. Breakout up and a close above the weekly zone resistance at $107 opens the path to the next monthly resistance πM-Levels $117β$123. Scenario 2. Breakout down and a close below the weekly zone support at $100. In that case, we can look at buying from the nearest monthly support M-Levels $90β$94. π§©IMA data shows that πlarge players are still holding their longs. This bumps up the odds that the main scenario is a breakout up, with the monthly resistance as the primary target, where we can look at entering a short if the market mood shifts. β οΈ If the idea was useful β glad to have your support π. π§©IMA β Integrated Market Analysis πM-Levels β institutional interest levels. οΈ Closed algorithms don't show on the chart. Only key levels are displayed.