๐ SOLANA ($SOL

) โ What the Chart Is Signaling Now ๐
The $SOL chart is in a critical phase โ and this is where many traders get impatient ๐ตโ๐ซ.
After a strong decline, Solana found solid support around the $116โ$120 zone, where buyers stepped in ๐ช. The bounce from this level confirms that demand is still alive and sellers havenโt taken full control.
But the recovery faced resistance near the upper trendline ๐ง. Instead of breaking higher, price pulled back โ a clear sign that buyers exist, but momentum isnโt aggressive yet.
๐ What does the pullback mean?
This looks like healthy consolidation, not panic selling. The market is simply cooling off before its next major move.
๐ Key Chart Takeaways:
Market structure remains intact โ
No major breakdown below support ๐งฑ
Momentum reset in progress โก
Liquidity sweep on both sides ๐ฏ
๐ข Bottom Line:
Weโre in a decision zone.
If support holds โ upside continuation is likely.
If it breaks with volume โ deeper correction ahead.
โ ๏ธ Not the time for emotional trades โ patience wins here.
๐ค Whatโs your move? Buying the dip, waiting for confirmation, or staying sidelines?
#SOL #CryptoAnalysis #MarketUpdate