SOL/USDT 4H Chart Review

🔍 Market Structure
You have an ascending channel (purple lines) → the market is technically still in an uptrend.
Current price:
👉 approaching the lower boundary of the channel
👉 and sitting at local support ~86.5

This is a decision zone.

📊 Levels you have well-marked
🟢 Resistance:
90.21
93.12
98.87 (upper band + HTF resistance)
🔴 Support:
86.5 (key now)
82.82 (lower – next downside target)
75.18 (hard support / capitulation)
📉 Momentum (RSI + MACD)
RSI:
Declining, lacking strength
Not oversold yet → room for further decline
MACD:
Bearish cross
Red histogram → downside momentum is increasing

👉 Conclusion: Short-term bearish

🧠 Scenarios
🟥 SCENARIO 1 – breakout to the bottom (more likely now)
If:
86.5 breaks
and closes below

👉 Target:
82.8
then possibly the lower band of the channel

🟩 SCENARIO 2 – bounce (long)
If:
86.5 defends
a reaction occurs (pin bar / engulf / volume)

👉 Target:
90.2
then 93.1

BUT:
👉 There must be a clear signal – there isn't one yet

⚠️ What I DON'T like (important)
Lower highs on recent swing highs
Weakening bounces
Price "slips" down the channel

👉 This often ends with a breakout to the bottom