#solanAnalysis #AIStocksWhatNext #⚠️ $SOL breaks the rising trend line, and retesting it from below could open the way for a corrective downwave toward support.
📍 Monitoring zone: 116.00 – 118.00
🎯 Targets:
• 114.46
• 112.81
• 111.31
❌ Invalidation: a 4-hour candle close above 119.50 and holding above the trend line.
💡 Technical rationale:
• A clear break of the main ascending trend line, weakening the short-term bullish structure.
• The expected bounce toward 116.00 – 118.00 represents a retest of the breakout area before the downmove is potentially continued.
• Continued sell pressure may push the price toward liquidity and fill the lower FVG zones, reaching support at 105.00 – 107.00.
📍 Monitoring zone: 116.00 – 118.00
🎯 Targets:
• 114.46
• 112.81
• 111.31
❌ Invalidation: a 4-hour candle close above 119.50 and holding above the trend line.
💡 Technical rationale:
• A clear break of the main ascending trend line, weakening the short-term bullish structure.
• The expected bounce toward 116.00 – 118.00 represents a retest of the breakout area before the downmove is potentially continued.
• Continued sell pressure may push the price toward liquidity and fill the lower FVG zones, reaching support at 105.00 – 107.00.
