MrFlower_XingChen
#SOL SOL Technical Outlook: Bearish Structure Intact as Price Consolidates at Key Demand
Solana (SOL) remains firmly under bearish control following a prolonged rejection from the $225–$253 supply zone. This area coincided with the 0.786 and 1.0 Fibonacci retracement levels, where price was repeatedly rejected, signaling a clear distribution phase. The inability to sustain higher prices ultimately triggered a strong downside move, confirming seller dominance at the upper range.
The sell-off intensified once SOL lost the critical $187–$203 support region, which aligned with the 0.5–0.618 Fibona
Solana (SOL) remains firmly under bearish control following a prolonged rejection from the $225–$253 supply zone. This area coincided with the 0.786 and 1.0 Fibonacci retracement levels, where price was repeatedly rejected, signaling a clear distribution phase. The inability to sustain higher prices ultimately triggered a strong downside move, confirming seller dominance at the upper range.
The sell-off intensified once SOL lost the critical $187–$203 support region, which aligned with the 0.5–0.618 Fibona
SOL-2.87%














