SOL / TetherUS
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SOL/USDT – Rising Channel Breakdown Incoming? | Watch These Key

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SOL/USDT has been trading within a well-defined ascending channel on the 3H chart. However, recent price action shows signs of weakening momentum near the upper boundary, suggesting a potential bearish breakdown.

If the price breaks below the channel support, watch for key levels where price may react:

131.20 USDT – immediate support

118.67 USDT – previous consolidation area

100.65 USDT – major demand zone


As long as the price remains within the channel, short-term bias stays bullish. A confirmed breakdown and retest of the lower trendline could trigger further downside.

Disclaimer: This analysis is for educational purposes only. Always do your own research before making trading decisions.

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