$SOL currently looks like a deep correction within a broader uptrend, rather than a trend reversal. Recent news has mainly created short-term psychological pressure across the crypto market, while Solana’s fundamentals remain solid: institutional capital has not exited aggressively, staking levels stay high, and the ecosystem continues to show healthy activity.

On the chart, the recent drop came from a strong rejection at the descending trendline and the upper edge of the Ichimoku cloud. The key point, however, is that after the breakdown, price did not continue to collapse. Instead, it quickly formed a clear consolidation zone around 125 USDT — a sign that selling pressure is fading and buyers are starting to absorb supply.

The 125 area now acts as a critical support zone. As long as price holds above this level, I favor a scenario where SOL continues short-term fluctuations to build a base, followed by a recovery toward the 132–136 zone.

Overall, SOLUSDT is still following the textbook structure of a healthy uptrend: a sharp drop, base formation, consolidation, and recovery. For me, this is a phase that requires patience, because the market tends to reward those who wait for proper structure — not those who rush in.

#Altcoin Season# #Meme Alpha#

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January 24, 2026 at 8:17 AM
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