Most traders don’t realize this: the more times a support level gets tested, the weaker it usually becomes.
If you’ve been in crypto long enough, you’ve felt this pain. Price taps support again and again, you convince yourself it’s “strong,” and then one morning you wake up to a clean breakdown and a cascade of liquidations.
Right now $SOL is hovering around the $60 support zone, a level the market has been watching closely. In past cycles, repeated retests of the same floor often signaled exhaustion rather than strength. Buyers defend it once, maybe twice. But every bounce uses up liquidity, and eventually the wall cracks.
What makes this setup tricky is the broader structure. Lower highs have been forming while price drifts back toward $60, which is typically a bearish market pattern. If that level fails, traders often look for the next liquidity pockets much lower. And when majors like $BTC or $ETH show hesitation at the same time, altcoins such as $SOL tend to feel the pressure faster.
I’ve seen this movie before in earlier cycles: the market gives everyone plenty of chances to notice the warning signs, but hope and FOMO make people ignore them.
Do you think $SOL holds the $60 zone again, or is the market setting up for a deeper move?
#Solana #CryptoTrading #Altcoins