SOL Technical Outlook: Breakdown From Range Support, Entering Deep Corrective Phase SOL has been rejected from the $219–$253 macro supply zone (0.786–1 Fib) and remains in a broader corrective structure after the cycle distribution top. Price continues to respect a descending / corrective channel, producing lower highs and weak recovery attempts. Recent price action shows SOL losing the $130–$120 support cluster and flushing into the $96–$105 macro demand base, where buyers are now attempting to slow downside momentum. However, overall structure remains bearish. EMA Structure (Bearish Bias, No Trend Reversal Yet) 20 EMA: $119.67 50 EMA: $128.54 100 EMA: $140.36 200 EMA: $153.72 SOL is trading below all major EMAs, confirming a bearish medium- to long-term structure. The $140–$154 zone (100 & 200 EMA) now acts as major dynamic resistance. Fibonacci & Price Structure 1 Fib: $253.47 0.786 Fib: $219.97 0.618 Fib: $193.67 0.5 Fib: $175.19 0.382 Fib: $156.72 0.236 Fib: $133.86 Fib 0: $96.91 SOL has lost the 0.236 Fib ($133.86) and is now trading near the Fib 0 base ($96.91) — a deep retracement zone after the cycle top. A sustained reclaim of $130–$156 would be required to shift structure back toward neutral. Structural Context Price remains inside a corrective descending structure, with no confirmed base yet. Short-term demand is visible near $96–$105, but SOL must build a range before any bullish structure can develop. A daily close above $133–$156 would be the first signal of structural improvement. RSI Momentum RSI (14): 28 RSI is near oversold territory, showing strong bearish momentum dominance. Relief bounces are possible, but momentum does not yet support a trend reversal. 📊 Key Levels Resistance • $134 (0.236 Fib) • $157 (0.382 Fib) • $175 (0.5 Fib) • $194 (0.618 Fib) Support • $105–$96 (macro demand) • $96.9 (Fib 0 / cycle base) 📌 Summary SOL has completed a distribution → breakdown → markdown sequence from the 2025 highs. Price is now trading in a deep corrective phase with heavy resistance overhead. Until SOL can reclaim and hold above $133–$156, the structure remains bearish and corrective, not bullish. $SOL ‌#WhenWillBTCRebound?

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