🔻 SOL MAY BE BOUNCING INTO WEDGE RESISTANCE
Support: 83.2 – 83.5
Resistance: 85.7 – 86.0
Target: 83.2 – 83.5
$SOL is still moving inside a broader descending structure after a heavy breakdown from the upper side of the range. The latest rebound looks more like a relief bounce from support than a confirmed reversal, which keeps the bearish continuation scenario active for now.
As long as sellers defend 85.7–86.0, SOL may rotate lower toward the 83.2–83.5 support zone next. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
Do you see SOL getting rejected from this rebound zone, or can bulls still squeeze out a stronger breakout first?