$SOL is near $87. The chart says one more leg is coming.
Here is the technical case for the $60 flush before the real move.
What the structure shows:
Solana's chart pattern needs a defined low to complete before a credible reversal can form. That level sits in the $60 region. Without it, any bounce from current price runs the risk of being a retest rejection rather than a genuine bottom.
The unusual cycle signal:
SOL has a track record of respecting its target zones cleanly. The expected level before this leg down was $100. SOL never reached it. That deviation from historical behavior is the technical tell — the upside structure didn't complete, which leaves the downside structure with room to finish the job.
How analysts are playing it:
- Already fully positioned in SOL
- Bearish on the near-term move to $60
- Bullish on the medium-term reversal after
- Logic: take the flush, hold through it, ride the real move
The numbers:
Current price: ~$87
Target low: $60 region
Drawdown f...