📉 Solana ($SOL) Bearish Breakout CONFIRMED: 2 Scenarios for the Next Move

The current market structure for $SOL is definitively BEARISH. The party isn't over, but a significant re-test is mandatory before the uptrend can resume.

The Weekly Chart Confession:

$SOL broke a major structural low at $170.25, confirming a shift to a Bearish Market Structure (Lower Highs and Lower Lows).

The recent consolidation is simply a build-up for the next move down.

My Two Dominant Scenarios:

The Painful Pullback (Slow Sell-off): $SOL pulls back to fill the Weekly Supply Zone ($178-$205) to form a Lower High, then continues the trend by breaking below $93.

The Flash Crash (Fast Sell-off): $SOL breaks below $93 first to grab liquidity, then pulls back later into the Supply Zone before continuing the trend.

In either case, downside risk is dominant until $SOL reclaims the previous key high. $93 is the line in the sand.

Are you accumulating $SOL at this price, or waiting for a dip to $93? Let me know! 👇

#SOL #TechnicalAnalysis #SOLANA #TradeSetup #Bearish $SOL