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$SOL approaches the ceiling of its declining structure.
Price is now approaching the descending trendline, and if it taps this barrier with conviction, sellers could attempt to drive another downswing.
📉 Technical View:
• Pattern: A stretched corrective channel with progressively weaker rebounds developing inside it.
• Bias: Bearish tilt as each push upward fades quicker near dynamic resistance.
• Key Level: The $150 reaction zone above and the $125 target region beneath are the main markers.
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⚠ A decisive breakout above the descending trendline would undermine this short-term bearish tilt.
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