$SOL — Descending Trendline Under Pressure

SOL is still moving below a clear descending trendline, and that trendline has already rejected price several times. The structure is now getting tighter near the lower part of the channel, so the next reaction is important. I’m watching for a clean bullish break rather than chasing inside the trendline.

For the bullish move to become valid, I want to see a strong bullish 4H candle break and close above the descending trendline, backed by clear volume expansion. RSI is currently around the neutral area, so I’d like to see RSI turn higher and move above its MA as momentum shifts to buyers.

A successful retest and hold above the broken trendline would add stronger confirmation. If SOL gets rejected again, the bullish idea is delayed and another move toward support remains possible.

$SOL