BlockchainBaller
--
My personal view on the next $SOL move based on structure, not panic.
Everyone is yelling after this crash, but very few are actually reading the chart. SOL didn’t just fall — it rejected perfectly from the 138–140 supply zone, which was already a heavy resistance area. That rejection triggered this fast drop.
Right now, SOL is sitting near 128, but this level is not real support. The real decision zone comes lower.
Here’s the actual structure:
🔸 Key Resistance
138–140
SOL couldn’t break this area even after multiple attempts. Sellers are defending it hard. Until SOL reclaims 138+ with strength, upside momentum remains weak.
🔸 Key Support
122–120 zone
This is the major demand area. Every time SOL has dipped into this range, buyers stepped in.
If SOL loses 120 with a clean candle, next liquidity gap opens toward 114–112.
🔸 Trend Check
SOL is forming lower highs, meaning the downtrend is active. The candles also show no strong bounce yet, so momentum still favors sellers.
Everyone is yelling after this crash, but very few are actually reading the chart. SOL didn’t just fall — it rejected perfectly from the 138–140 supply zone, which was already a heavy resistance area. That rejection triggered this fast drop.
Right now, SOL is sitting near 128, but this level is not real support. The real decision zone comes lower.
Here’s the actual structure:
🔸 Key Resistance
138–140
SOL couldn’t break this area even after multiple attempts. Sellers are defending it hard. Until SOL reclaims 138+ with strength, upside momentum remains weak.
🔸 Key Support
122–120 zone
This is the major demand area. Every time SOL has dipped into this range, buyers stepped in.
If SOL loses 120 with a clean candle, next liquidity gap opens toward 114–112.
🔸 Trend Check
SOL is forming lower highs, meaning the downtrend is active. The candles also show no strong bounce yet, so momentum still favors sellers.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
133.07
+0.14%