$SOL - Price Update
Let’s keep it simple:
Big Picture: Bearish channel [H4]
As expected, we saw a clear bearish rejection (double top at $147-148) to retest the $136-138 zone. ✅
Current Price:
#SOL is in a very neutral area, stuck in the $148-137 zone, trading right inside the channel.
Bullish scenario (Green light):
🟩 Breakout from the channel and a strong bullish daily candle closing above $155. (Cup & Handle??)
Bearish scenario (Red light):
🟥 Continuation inside the bearish channel → A new low likely coming: $120-118 are still my “magnet levels” from a few weeks back.
Given the overall market conditions, I’m personally expecting more downside from here. And you? 📉👀
