$SOL has broken down from a key consolidation range ($114–$130) that held for several months. That level now acts as resistance. The weekly bounce looks promising, but we are trading in free air with no real structure below until $56.

TO WATCH

ATH Resistance: $295.60

Major Resistance: $248.96

Resistance: $182.75

Flipped to Res: $114.81 ← critical

Support Target: $56.09

Cycle Low: $7.78

STRUCTURE

• Weekly trend: Lower highs, lower lows since Jan 2025 peak

• Price is ~70% below the ATH of $295

• Broken consolidation box = strong overhead resistance now

• No structural support between $86 and $56

SCENARIOS

BULL: Weekly close back above $114.81 → watch $182 then $248. Needs strong BTC momentum.

BEAR: Bounce rejected below $100 → next destination $56. Losing $56 opens a deeper downside.

One weekly candle does not change the trend.

Watch the weekly close. 👀

SOL
SOLUSDT
86.41
+1.31%