⚠️ $SOL — Major Support Zone in Play

Current Zone: $118 – $138.30

Solana has entered a critical higher-timeframe support block, where buyers have historically stepped in. Lower timeframes are showing initial reaction wicks, but momentum and follow-through remain weak for now.

---

🟦 White Scenario (Bullish Early Bottom)

The broader B-wave could complete anywhere inside this support zone.

If buyers step in aggressively:

A surprise bottom may form inside $118–138

Structure flips bullish

SOL can aim for a retest of previous highs with strong continuation potential

This scenario favors traders looking for early reversal confirmation.

---

🟧 Orange Scenario (Deeper C-Wave Flush)

The recent bounce looks more like a corrective recovery, not impulsive strength.

If this interpretation holds:

Current rise = likely internal Wave 4 retracement

One more leg down remains probable

Final C-wave target zone: $81 – $90

This scenario aligns with a final liquidity sweep before a macro trend reversal.

---

🔍 Conclusion

$SOL is at a major decision point within a key support structure.

While a reversal from the current zone is absolutely possible, the Elliott Wave structure still allows for:

A premature bottom forming now, or

One more downside extension before a true trend shift

Watch price action closely within $118–138 — this zone will determine the next big move.

---

If you want, I can make this into:

📌 A Twitter/X post

📌 A Telegram-ready chart update

📌 A visual Elliott Wave diagram

📌 A trade setup with entries and invalidation levels

Just tell me!