📊 SOLUSDT 4H – Weak Bounce After Breakdown

🔹 Price Action
SOL is trading near $139.79 after a significant breakdown from the $144–$148 support zone. The current move shows a weak recovery attempt but price remains below prior structure. The overall trend on 4H is still bearish, with lower highs and lower lows intact. Recent candles show small bodies and low conviction—suggesting hesitation or lack of demand.

🔹 Key Levels
📌 Resistance:

  • $144.00–$148.00 – Previous support turned resistance zone
  • $153.00–$155.00 – Breakdown origin and key supply zone

📌 Support:

  • $137.00–$138.00 – Minor demand zone and intraday base
  • $132.00–$134.00 – Multi-week support from late May

🔹 Volume & Momentum
📉 Recent volume spikes during the breakdown suggest panic selling.
🧭 Momentum is weak—price failed to reclaim key resistance zones.
📊 RSI likely trending near oversold, but no strong bullish divergence visible yet.

💡 Scenarios
✅ Bullish Case: Reclaim $144 with strong volume → chance for relief rally to $148–$153
❌ Bearish Case: Breakdown below $137 → acceleration toward $132–$130 support zone

🧠 What to Watch

  • Does price recover $144 or get rejected again?
  • Volume confirmation on any bounce attempts
  • Correlation with BTC and broader market strength

🚨 Takeaway
SOL is under pressure with failed recovery attempts. Until $144 is reclaimed, downside risk remains. Look for confirmation before positioning—current range offers poor R:R for aggressive trades.

📌 Not financial advice. Always DYOR and manage risk.