$SOL is currently sitting right on top of its Double Bottom support zone (122–124) — a critical level that has acted as the base for every major bounce in the past two weeks.
Right now, the chart hasn’t broken down… but it’s sitting at the edge. This makes the next move extremely important.
🔍 What We’re Seeing Now
Price is hovering above Bottom 2 support.
Consolidation is ongoing → market waiting for direction.
Volume decreasing → sign of compression before expansion.
Trendline resistance from 144 still intact.
This keeps $SOL in a neutral but vulnerable state.
📉 If Support Breaks (Bearish Scenario)
If $SOL loses 122, the entire double-bottom structure collapses.
Potential downside levels:
➡️ 118 ➡️ 112 ➡️ 105–108 (major liquidity zone)
A breakdown would confirm continuation of the current downtrend.
📈 If Support Holds (Bullish Scenario)
If buyers defend 122–124 again, $SOL can build a strong reversal base.
Bullish confirmation triggers only after:
✔️ reclaiming 136 ✔️ breaking above 144 (neckline of the pattern)
If these levels flip:
➡️ 151 ➡️ 158–160 ➡️ 172 (major bullish target)
📌 Summary
#SOLANA is in neutral territory, sitting at a critical decision point.
Hold 122 = bounce potential
Break 122 = bearish continuation
This is the key zone that will define the next major move. Stay sharp — volatility is loading. 🚦
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$SOL is currently sitting right on top of its Double Bottom support zone (122–124) — a critical level that has acted as the base for every major bounce in the past two weeks.
Right now, the chart hasn’t broken down… but it’s sitting at the edge.
This makes the next move extremely important.
🔍 What We’re Seeing Now
Price is hovering above Bottom 2 support.
Consolidation is ongoing → market waiting for direction.
Volume decreasing → sign of compression before expansion.
Trendline resistance from 144 still intact.
This keeps $SOL in a neutral but vulnerable state.
📉 If Support Breaks (Bearish Scenario)
If $SOL loses 122, the entire double-bottom structure collapses.
Potential downside levels:
➡️ 118
➡️ 112
➡️ 105–108 (major liquidity zone)
A breakdown would confirm continuation of the current downtrend.
📈 If Support Holds (Bullish Scenario)
If buyers defend 122–124 again, $SOL can build a strong reversal base.
Bullish confirmation triggers only after:
✔️ reclaiming 136
✔️ breaking above 144 (neckline of the pattern)
If these levels flip:
➡️ 151
➡️ 158–160
➡️ 172 (major bullish target)
📌 Summary
#SOLANA is in neutral territory, sitting at a critical decision point.
Hold 122 = bounce potential
Break 122 = bearish continuation
This is the key zone that will define the next major move. Stay sharp — volatility is loading. 🚦