Looking at $SOL on the weekly chart right now — it's been grinding inside this big descending channel, inching closer to that lower trendline support zone. Yeah, we've seen a bounce off recent lows, but the overall structure? Still leaning bearish.
Here's the thing: there's a decent chance price could sweep down to tag that lower boundary one more time before any real reversal kicks in. That's where things get interesting. If buyers actually show up at that level with conviction, we might finally see a meaningful shift in momentum. But until then, the path of least resistance still points downward. Keep an eye on volume and how price reacts near that support — that'll be the tell.
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HashRatePhilosopher
· 6h ago
SOL probably needs to drop one more time before it bottoms out; all the rebounds are just illusions.
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CoconutWaterBoy
· 6h ago
This downward trend of SOL still has to grind on; all the rebounds are fake.
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LazyDevMiner
· 12-05 20:15
SOL needs to drop one more time; let's talk about waiting for a rebound later.
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FloorSweeper
· 12-04 18:09
SOL still needs to keep dumping, wait for the moment to buy the bottom.
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NeverVoteOnDAO
· 12-04 15:00
This downward channel for SOL is really annoying. Is it going to drop again to test the support...?
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fork_in_the_road
· 12-04 14:56
Is SOL going to keep dropping? It's a bit of a headache to watch... Whether it can hold that bottom support area is really crucial.
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BearWhisperGod
· 12-04 14:54
SOL has to break the previous low once more. Whether it can hold steady this time depends on the determination of the buyers.
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CodeSmellHunter
· 12-04 14:46
SOL still needs to drop one more time before it can rebound; it's not that simple.
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RugPullAlertBot
· 12-04 14:43
Is SOL going to keep dropping? Can the support level below really hold? Honestly, I'm a bit afraid it might break through.
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MeltdownSurvivalist
· 12-04 14:40
Is SOL about to hit a new low again? Bro, now it really depends on the buying power.
Looking at $SOL on the weekly chart right now — it's been grinding inside this big descending channel, inching closer to that lower trendline support zone. Yeah, we've seen a bounce off recent lows, but the overall structure? Still leaning bearish.
Here's the thing: there's a decent chance price could sweep down to tag that lower boundary one more time before any real reversal kicks in. That's where things get interesting. If buyers actually show up at that level with conviction, we might finally see a meaningful shift in momentum. But until then, the path of least resistance still points downward. Keep an eye on volume and how price reacts near that support — that'll be the tell.