Recently, many people have been discussing whether Solana's recent drop means it's game over. Is it a rebound or truly finished?



Let's not rush to conclusions. Just take a look at the chart structure, and it will be clear. Solana has always followed this pattern: when it surges aggressively, it hits a resistance level and stalls, then pulls back to previous support zones to consolidate. After enough accumulation, it moves upward again.

Previously, it got stuck around the 240-260 resistance zone. The subsequent correction was quite straightforward, but that doesn't mean the overall pattern is broken. In fact, it stabilized in the 120-140 demand zone, which has been tested multiple times, with buyers stepping in each time. From recent market activity, selling pressure is gradually diminishing, not a panic-driven sell-off.

So, the current situation is quite clear—it's not a trend collapse, just a recharging of strength. This phase is the easiest for retail investors' patience to wear thin, while experienced funds are quietly accumulating.

As long as Solana holds the 100-120 level, the bullish outlook remains intact. Once trading volume picks up, the target is clear: first stabilize around 180-200, then push back to the previous high of 240-260. If it can break through strongly, the space beyond 300+ naturally opens up.

This level is neither a dead end for chasing highs nor a place to cut losses. It's a window for observation, patience, and preparation. Solana never moves in a straight line; it always advances two steps and pulls back one. Often, it makes a sudden move when everyone is hesitating.

Patience is crucial—more important than any short-term fluctuations.
SOL-0.28%
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BlockchainBardvip
· 7h ago
Bro, your analysis is still consistent. The key support at 120-140 hasn't been broken, so I'm relieved. --- It's the same pattern of moving two steps forward and one step back. I’ve seen through SOL's temper. --- Wait, if 100-120 really breaks, should we just run? --- Experts are quietly making big profits, while retail investors are still hesitating here. --- Exactly, this is the frustrating phase. Those holding SOL need to hold on. --- It's normal for 240-260 to get stuck; after such a strong rise earlier, a rest is needed. --- Those selling now are just scaring themselves out. Let’s wait and see how the counterattack unfolds. --- Thinking about 300+ might be too much. Let’s stabilize at 180 first. --- As long as the chart structure isn’t broken, I’ll keep holding. Anyway, this thing isn’t urgent.
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HashRatePhilosophervip
· 7h ago
Still debating whether SOL is done for, how many times do I have to answer this question? Wait for the volume, brother. Without volume, there's nothing to say. If 100-120 can't hold, then forget about everything else. Now is the time to endure the pain.
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WalletsWatchervip
· 7h ago
Still debating whether to cut losses or not, this wave isn't over, it's just a shakeout rhythm. Big funds love to grind like this, wearing down retail investors' mentality before they move. Holding steady at 120 is safe, there's really nothing to doubt. Wait until the trading volume picks up, now is the time to hold your big move. Those in the know are quietly accumulating, and you're still hesitating in the group. Market trends are like this, you can't rush them.
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NFT_Therapy_Groupvip
· 7h ago
Starting to get conflicted again, this wave of SOL is really not as simple as imagined. Those who cut losses are all regretting it. Honestly, they just can't stand the loneliness. If you can hold the 120-140 range, you haven't lost. It’s been like this many times before, but what happened? But to be honest, this stage is the most tormenting, watching others make quick money while you're just waiting here.
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SatoshiLeftOnReadvip
· 7h ago
Still debating whether SOL is dead or alive here, honestly I'm tired of it... Wait, 120-140 indeed hasn't broken, that's somewhat interesting. When retail investors are eager to cut losses, smart money has already made their moves, right? Advance two steps, retreat one step—SOL is just like this, nothing new. Holding onto 100-120 is still hopeful; breaking below that is really the end. It's called "gathering strength" in a nice way, but actually it's just testing our patience. I think 300+ is a bit far-fetched; let's stabilize at 180 first. The signal of selling pressure easing is indeed good, at least it's not mass panic. Let's wait until the volume picks up; right now, everything else is pointless.
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