$SOL has now broken below a key support zone.

We’ve seen Solana lose the channel structure, with both the orange POC line and the yellow 100D SMA giving way. That’s multiple major supports gone in a short period of time.

Even with price still holding above $80, this doesn’t really look like strength to me, it feels more like delayed downside before the yellow box gets tested.

So far, price is following the plan almost perfectly.