SOL/USDTSOL / TetherUSBINANCE:SOLUSDTMLDpwnzSolana has broken down from the global ascending channel. A new descending channel has formed, and price is now holding below its midline — a bearish trigger. At the same time, there are several factors that keep a potential bounce on the table: • price is sitting on a strong liquidity level, • a rough but double bullish divergence has formed, • there is an unfilled deviation around ~$150, making a bounce toward that level logical. A move toward a channel retest in the $180+ area is possible, but the probability is limited. ⚠️ If the bounce fails, downside levels to watch: • $100 — psychological level, • $95 — previous low, • $76 — major liquidity level. A sustained break below $76 would be extremely negative — below that, structure deteriorates fast. Last time this scenario played out, price eventually dropped to $8.