$SOL
Daily chart is still in a clear downtrend from the 148.8 peak, but the bounce off 67.29 is trying to form a base. Price sitting near 80.75 is the decision zone: either reclaim key resistance for a relief run, or roll over and retest the lows.
Decision:
Long on reclaim: Only long if SOL reclaims 84–86 and holds on a retest.
Short on weakness: If SOL rejects 83–85 and loses 77.9, expect continuation down.
Long targets:
TP1: 88–90
TP2: 99–100
TP3: 117
Long invalidation: Daily close under 76.5 (or hard break below 74).
Short targets:
TP1: 78
TP2: 74–72
TP3: 67.5–67.3 (key low)
Short invalidation: Acceptance above 86.
Pro tips:
In downtrends, trade break-and-retest, not hope.
Take partials fast at TP1 and tighten stop; SOL can snap back violently.
If volume expands on reclaim, ride the bounce; if volume fades, treat pumps as short fuel.