🚨 Attention
$SOL Holders 🚨
I'm seeing something interesting on the higher timeframes for Solana.
After months of trading inside a major supply zone, SOL appears to be approaching a critical decision point on both the weekly and monthly charts. 👀
📉 My current downside target zone:
$53–$54
Why this area matters:
🔹 Previous support and resistance overlap
🔹 Strong historical liquidity zone
🔹 Potential capitulation area if selling pressure continues
🔹 A level where long-term buyers may become aggressive again
Here's the interesting part:
If SOL reaches the $53–$54 region and finds strong support, this could potentially mark:
🔥 The final major shakeout
🔥 The last red weekly candle
🔥 The beginning of the next accumulation phase
That doesn't mean price must go there.
It simply means that's the area I'm watching most closely.
⚠️ Remember:
Markets rarely reward the majority.
When fear is highest and sentiment is at its worst, that's often when the best opportunities begin to appear.
For now:
📌 Stay patient
📌 Watch volume closely
📌 Let price confirm before making emotional decisions
The next few weekly closes could be very important for SOL's medium-term direction.
What's your
$SOL bottom target this cycle? 👇
#Solana #Crypto #Altcoins #BinanceSquare