SOL Collapse? Think Again. The Setup is Textbook! ๐คฏ
This is Scenario B: Macroeconomics / Fundamental Analysis (Technical Structure Analysis). The tone must be insightful and analytical, focusing on the structure described.
SOL is doing exactly what it has done before: rally, pullback to demand, consolidation, then the next leg up. ๐
$SOL hit that $240โ$260 resistance hard, got rejected, and pulled back cleanly without breaking structure. It respected the critical $120โ$140 demand zone, which is now acting as a solid base that buyers have defended repeatedly.
Selling pressure is clearly slowing down, not accelerating. This is momentum resetting, not a collapse. Smart money is waiting quietly while impatience sets in for others.
The bigger bullish picture remains intact as long as
$SOL holds above the $100โ$120 range.
If volume returns, the path is clear: reclaim $180โ$200, then challenge $240โ$260. A decisive break above that opens the door to $300+ in the next major phase.
This is a zone for patience and smart positioning, not panic or chasing. Solana moves in waves, resets, and then surprises. Patience pays here. ๐ง
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