SOL/USDT – Major Support Zone the Key to Bullish Continuation?SOL/USDT on the weekly timeframe (1W) remains in a long-term bullish market structure, despite the current corrective phase. The rejection from the major resistance area around 240 – 250 USDT has triggered a healthy pullback. As long as the key support zone holds, the broader uptrend structure remains valid.
This correction is best interpreted as a reset phase, not a trend reversal.
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Market Structure & Price Action
From a structural perspective, SOL continues to print:
Higher Highs and Higher Lows (macro bullish structure)
Signs of distribution near major resistance
A controlled pullback toward a high-probability demand zone
Identified Price Pattern
Range Distribution → Minor Breakdown → Deep Retracement
Bullish continuation setup while holding demand
The yellow zone 94 – 78 USDT represents:
Previous weekly resistance turned support
Strong institutional demand zone
A key reaction area from the last major impulsive move
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Key Technical Levels
Major Resistance:
240 – 250 USDT
Intermediate Support / Reaction Zone:
120 – 130 USDT
Key Support (Yellow Zone):
94 – 78 USDT
Bullish Invalidation Level:
A strong weekly close below 78 USDT
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Bullish Scenario
If price:
Holds the 94 – 78 USDT zone
Forms bullish weekly confirmation (long lower wick, bullish engulfing, strong close above support)
Potential upside path:
1. Bounce toward 125 – 140 USDT
2. Continuation to 180 – 200 USDT
3. Retest of 240 – 250 USDT
4. A confirmed breakout opens the door for new all-time highs
Bullish Conclusion:
The yellow zone acts as a high-confidence buy-the-dip area on the weekly structure, as long as it remains intact.
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Bearish Scenario
If price:
Closes decisively below 78 USDT on the weekly timeframe
Fails to reclaim the key support zone
Then the risk shifts to:
1. Breakdown of the macro bullish structure
2. Decline toward 60 – 55 USDT
3. Extension toward 40 – 30 USDT (historical support region)
Bearish Conclusion:
A confirmed weekly breakdown below 78 USDT signals a long-term trend reversal, not just a correction.
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Final Conclusion
SOL remains structurally bullish on the higher timeframe, and the current pullback is still considered healthy and technical.
The 94 – 78 USDT zone is the decisive level that will determine the next major move:
Hold → bullish continuation
Break → macro trend shift
Patience and weekly candle confirmation are crucial.
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