🔻 SOL MAY BE REJECTED FROM THE UPPER WEDGE RESISTANCE
Support: 81.8 – 82.2
Resistance: 85.8 – 86.3
Target: 81.8 – 82.2
$SOL is still trading inside a broader descending wedge, and the latest rebound is now pressing into the upper boundary of the local structure. Price is trying to recover from support, but this area still looks like a key rejection zone unless buyers can force a stronger breakout.
As long as sellers defend 85.8–86.3, SOL may rotate lower toward the 81.8–82.2 support area next. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
#SOL #Solana
Do you see SOL getting rejected from this wedge top, or can bulls still squeeze out a breakout first?
Support: 81.8 – 82.2
Resistance: 85.8 – 86.3
Target: 81.8 – 82.2
$SOL is still trading inside a broader descending wedge, and the latest rebound is now pressing into the upper boundary of the local structure. Price is trying to recover from support, but this area still looks like a key rejection zone unless buyers can force a stronger breakout.
As long as sellers defend 85.8–86.3, SOL may rotate lower toward the 81.8–82.2 support area next. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
#SOL #Solana
Do you see SOL getting rejected from this wedge top, or can bulls still squeeze out a breakout first?