SOL 1W Update: Zoomed out thoughts and viewSolana’s weekly dump is showing signs of exhaustion, with downside momentum clearly decelerating as price presses into a major long-term demand zone around 80–85. The sell-off has been steep and highly directional within a falling channel, which often precedes mean-reversion relief moves rather than immediate continuation. Notably, SOL has already retraced a large portion of its prior impulse leg and is now trading well below former range support at 125.5, suggesting late sellers are entering after most of the damage has been done. While the broader structure remains corrective until higher levels are reclaimed, the risk–reward is beginning to shift in favor of short-term upside relief. A bounce toward 100–110 would be a reasonable first reaction if buyers step in, with a more meaningful trend improvement requiring acceptance back above 125.5. As long as 44 holds as macro support, this move still fits a deep bull-market correction, and current price action favors stabilization and a counter-trend bounce rather than continued freefall.
