đ„ $SOL Breakdown Update â Key Support Lost, Bears Fired the First Shot! đđ±
Solana just broke below the $126 support, a level that had been defended multiple times and acted as a strong floor for price action recently. That breakdown didnât just slip â it triggered stopâlosses and unleashed fresh sell pressure, accelerating the recent dump as sellers overwhelmed bids.
đ„ Why This Matters âȘ $126 was a key technical pivot â repeatedly defended by bulls, now flipped to resistance. Losing it means structure shifted bearish on shorter timeframes.
âȘ Breakdown = stop runs & increased selling â sellers stepped in as stops below $126 were cleared, pushing price lower toward deeper support zones.
âȘ Momentum still soft â RSI and MACD signal the trend hasnât flipped bullish yet, and resistance at $125â$126 continues to cap rebounds.
đ„ Bullish Recovery Scenario For bulls to reclaim control and reduce downside risk, $SOL needs a clean reclaim above the $126â$128 zone with strong volume. That would flip this level back into support and stabilize structure, opening the door for upside back toward $135+ and higher.
Right now itâs all about levels â let price confirm direction. Bears struck first, but a quick reclaim could flip the script. Stay sharp! đđ„
#SOL #Solana #CryptoUpdate #Breakdown #SupportFlip
Not financial advice â do your own research!