$SOL is forming a broadening descending triangle with expanding volatility and consistent lower highs into key horizontal resistance. That level remains the main supply zone.
As long as price stays below it, structure is bearish. A breakdown from here could trigger further downside. Bias remains bearish until resistance is reclaimed.
On 4H, price pushed straight into a major supply zone at 0.63–0.66, where last distribution occurred. RSI near overbought after a near-vertical move into resistance.
Bias: short / pullback first. Watching rejection toward 0.56, with 0.53 and 0.46 as deeper liquidity levels.
A strong close above the supply zone with volume would invalidate this and open higher levels. For now, patience — looking for longs after a reset, not at the top.
$ROSE has completed its Elliott Wave correction and looks ready for a breakout. Potential $0.05 in Q1 2026 with alt season, and a $0.22 target by end of 2026.