$SOL Solana poised for a Bounce: Could $220 Be the Resistance Before the Next Drop?"
SOLUSDT is currently trading within a bear flag structure on the daily chart, following a strong impulsive decline. After the sharp sell-off, price action has transitioned into a rising consolidation channel, which typically represents a corrective phase rather than a confirmed trend reversal.
In the short term, a relief bounce is likely. Solana could push higher toward the $210–$220 zone, an area that aligns with key moving averages and the upper boundary of the bear flag pattern. This region is expected to act as strong resistance, and any rejection from this zone would strengthen the case for further downside continuation.
From a broader technical standpoint, the overall market structure for SOL remains bearish. If price breaks below the bear flag support as anticipated, the measured move projection points toward the $135–$150 range as a potential downside target. This area also corresponds with a previous high-volume demand zone, making it a logical objective if selling pressure resumes.
Summary:
Short-term expectation: Relief rally toward ~$210–$220
Key structure: Bear flag on the daily timeframe
Invalidation: Strong daily close above flag resistance
Bearish continuation target: ~$135–$150
This setup favors a patient approach—waiting for price rejection near resistance—rather than entering trades during the ongoing consolidation phase.
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