#CryptoMarketRebounds

📉SOL Market Structure Overview
SOL has completed a classic distribution → breakdown → markdown sequence after facing rejection near the 0.786 Fibonacci level (213).
Following the rejection from the 0.618 level (182), price began forming consistent lower highs. The structure weakened further after losing:
0.5 (160)
0.382 (138)
And finally a decisive breakdown below 0.236 (111)
This confirmed continuation of the broader bearish trend.
Currently, SOL is consolidating in the 85–95 range, hovering just above the major macro base at 67.
📊 EMA Structure – Full Bearish Alignment
20 EMA: 94.26
50 EMA: 110.80
100 EMA: 127.64
200 EMA: 145.32
Price is trading below all major EMAs, confirming a strong bearish alignment across higher timeframes.
The 110–145 zone (50–200 EMA cluster) now acts as heavy dynamic resistance.
Any bounce into this region should be considered corrective unless price reclaims it with strong momentum and sustained acceptance.
🔢 Fibonacci Structure
1.0: 253.47
0.786: 213.60
0.618: 182.29
0.5: 160.31
0.382: 138.32
0.236: 111.11
0 (Macro Base): 67.14
SOL has lost all major retracement supports and is now trading in the lower portion of the range.
Failure to hold 81–85 increases the probability of continuation toward the 67 macro base (Fib 0).
🏗 Current Structural Conditions
Clear descending structure since October
Series of consistent lower highs & lower lows
Impulsive breakdown below 111
Weak relief bounce forming near 85
For structural recovery, SOL must:
Reclaim 111 (0.236)
Break above 138 (0.382)
Close above 160 (0.5)
Until these levels are reclaimed, the macro trend remains bearish.
📈 RSI Momentum
RSI (14): 29–36
RSI recently dipped into oversold territory and is attempting a mild recovery.
A short-term relief bounce is possible, but there is no confirmed higher-timeframe bullish divergence at this stage.
🎯 Key Levels to Watch
🔴 Resistance
111 (0.236)
138 (0.382)
160 (0.5)
182 (0.618)
🟢 Support
81–85 (local demand zone)
67 (macro base / Fib 0)
📌 Final Summary
SOL remains in a confirmed macro downtrend after losing the critical 111 structural level.
While short-term price action suggests a potential corrective bounce from current support, the overall bias remains bearish unless price reclaims the 111–138 region with strong acceptance and volume.
As long as SOL trades below the EMA cluster and under the 0.236 Fibonacci level, sellers maintain structural control.$SOL $SOL