$SOL is trading around 85.8 and the structure is still clean. On the 4H timeframe, the ascending channel remains intact, and price continues to respect its boundaries with discipline.

After the recent rejection near the upper trendline in the 90 to 92 zone, we are now seeing controlled consolidation in the mid-range. This is not weakness. This is compression. Bulls are attempting to defend this area and rebuild momentum for another push higher.

Key Levels to Watch

Support: 82 – 80 (lower channel boundary)

Resistance: 88 – 92 (upper trendline zone)

As long as the channel structure holds, the broader bias remains bullish. Higher lows within an ascending channel signal demand is still present. If price breaks and closes above the upper trendline with strength, that could trigger a volatility expansion phase and open the door for a stronger upside move.

However, discipline matters. A breakdown below 80 would invalidate the bullish structure and shift momentum toward sellers.

This is a structured market. Respect the levels. Wait for confirmation, not emotions. Let the breakout or breakdown come to you.

$SOL

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