2 scenarios either bullish rebound or continuation downtrendSolanaCRYPTO:SOLUSDhilmiyusScenario 1: Short-Term Bullish Rebound (Price moves higher) If the reversal pattern holds, SOL could attempt to reclaim some key resistance levels: First Target (Resistance): The area between the 0.618 Fib extension ($155.42) and the $170.34 pivot point. Major Resistance Zone: The green shaded area, which acted as previous support and now is a critical resistance zone, spanning from roughly $184.46 to $170.34. This area includes the crucial 1.272 Fib extension ($183.62). A break above this zone would signal a stronger bullish reversal. Upper Targets: 1.5 Fib extension ($193.45) and 1.618 Fib extension ($198.53), aiming back toward the previous high of $205.29. Scenario 2: Continuation of Downtrend (Price moves lower) If the price fails to hold above the current level and breaks the recent low: Critical Support: A break below the $130.00 level would confirm the continuation of the downtrend. Downside Targets: The dashed green lines suggest a continuation channel, potentially targeting prices in the $120.00 - $80.00 range and lower, but these projections are quite far out. So Solana is currently testing a potential short-term bottom near $130.00. The next few days are crucial. A move back above $155.42 would increase the probability of a relief rally toward the $170 - $185 resistance area. Conversely, a break below $130.00 would open the door for a deeper correction.