SOL Failed Twice Below 100 – A Dangerous Sign for BullsSOL / TetherUSBINANCE:SOLUSDTMihai_IacobSince Solana failed last year to reclaim the 200 zone, I’ve remained consistently bearish on the asset, with a medium-term target around the 120 area. That target was eventually reached. After that, I stopped actively looking for short positions because the move had already developed significantly. However, not shorting anymore did not suddenly turn me bullish on Solana — and, looking at the chart now, that turned out to be the right decision. Because instead of stabilizing at 120 and starting a meaningful recovery, SOL continued weakening, eventually breaking that support and dropping toward the next major zone around 80. And at this moment, my broader opinion remains unchanged: ➡️ I still believe Solana looks structurally bearish. Not emotionally bearish. Not “crypto is dead” bearish. Simply bearish based on what price continues to communicate. Why I Still Lean Bearish on SOL Since the spike low from the beginning of February, Solana attempted to recover and reclaim the important psychological 100 level. At first glance, the recovery looked promising. Especially considering: - Bitcoin managed to recover - several altcoins also experienced relief rallies - and market sentiment improved compared to the lows But despite all that, Solana failed twice to regain and hold above 100. And that detail matters a lot. Because weak assets often reveal themselves not during market panic… but during market recovery. Strong assets reclaim important levels. Weak assets fail below them. And right now, SOL still behaves more like the second category. Technical Perspective At this stage, the 100 zone becomes a very important line in the sand. As long as price remains below it, the broader bearish structure stays intact and rallies should probably be viewed with caution rather than excitement. At the same time, the 80 support zone becomes critical. Because if sellers manage to produce a sustained break below 80, the chart opens the door for a much deeper decline. And technically speaking, the next major support area is pretty far away. Trading View For now: - 100 remains key resistance - 80 remains key support As long as 100 stays intact, I believe bears remain structurally in control. And if 80 eventually breaks properly, Solana could accelerate much lower, potentially even toward the 45–50 zone. Which sounds extreme… until you remember that crypto markets specialize in making “impossible” moves look obvious only after they happen 🚀