📉 SOL Breaks Below the Range: What’s Next?
Solana has officially lost the lower boundary of its consolidation range, confirming a shift in short-term market structure.
Previously, I was holding a long position, but clearly stated that if SOL retested the $130 area, any rebound should be used to close the trade. That scenario played out almost perfectly:
there was no real buyer strength, only a local squeeze toward $134, followed by renewed downside pressure.
📌 As a result, the position should have been closed either at breakeven or with a small profit — exactly how disciplined trading is supposed to work.
❗ Current Market Context
At this stage, given:
weak buyer activity,
broken range support,
and the overall fragile market environment,
I would not rush into reopening long positions.
Right now, SOL is retesting the broken support from below, which is a classic bearish technical behavior.
If Bitcoin continues its corrective move, SOL is very likely to follow.
🎯 Primary downside target:
$100 — a key psychological support level
🔍 What to Watch Next
The key zone to monitor is $125, and ideally a firm consolidation below $120.
👉 Only after we see clear acceptance in this area will the next directional move become evident:
either continuation of the bearish trend,
or the formation of a new accumulation base.
For now — patience beats prediction. Let the market show its hand.
