$SOL Solana’s downside structure is still intact, even with selling pressure starting to ease. Holding above $70.50 would keep the door open for a recovery toward the $89–94 resistance zone, but that move alone wouldn’t confirm a trend reversal. The bigger level to watch is $62. A decisive break below it would weaken the current setup and expose $49 first, followed by $43 and potentially $32 if the broader correction accelerates. Until SOL develops a clear 5-wave impulsive structure, the recovery should be treated as corrective rather than the start of a new uptrend. There’s room for a bounce, but not enough confirmation yet to call the bottom. #Solana #SolanaETF