$SOL SOL /USDT WHY THIS DROP MAKES SENSE
$SOL was already weak before this leg down. On the 4H, structure shifted bearish after failing to reclaim previous support near the mid-range. Every bounce turned into a lower high clear sign buyers were losing control.
Once the 122–120 support zone broke, selling accelerated. That flush into ~117 isn’t panic, it’s stops + leverage getting cleaned. Volume expansion on red candles confirms this was distribution, not random noise.
As long as $SOL stays below the broken support, upside bounces are corrective only. Real strength only returns if price reclaims and holds above that range. Until then, patience > prediction...
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SOL
116.09
-5.60%