Solana (SOL) Testing Long-Term Channel SupportSolanaCRYPTO:SOLUSDisahebdadi Solana has pulled back to the lower boundary of its long-term ascending channel, a level that has historically acted as strong support. After a prolonged correction from its recent highs, price is now approaching a critical decision point that could determine the next major trend. Short-Term Outlook As long as price remains above $65–70, buyers still have the opportunity to defend the channel support. Targets: $90 → $110 → $130 Stop-loss: Below $60 Long-Term Outlook The broader market structure remains constructive as long as SOL stays inside the ascending channel. The current decline appears to be a retest of the channel's lower boundary rather than a confirmed trend reversal. If support holds, Solana could begin the next impulsive move toward the middle and upper portions of the channel. Targets: $150 → $200 → $250 Stop-loss: Weekly close below $55 Bullish Scenario 🟢 Buyers successfully defend the $65–70 support zone. Price rebounds from the lower channel boundary and establishes a higher low. A break above $100 would strengthen bullish momentum. Sustained buying could drive SOL toward $150–200, with the upper channel near $250–300 becoming the long-term objective. Bearish Scenario 🔴 A decisive breakdown below $65 would invalidate the current support. Price could fall toward $50, with further downside extending to $35–40 if selling pressure accelerates. Losing the lower boundary of the ascending channel would significantly weaken the long-term bullish structure. 📌 Summary Solana is currently testing the lower boundary of a multi-year ascending channel, making this one of the most important technical levels on the chart. If buyers defend the $65–70 area, the current pullback could become the foundation for the next rally toward $150–250 over the coming months. However, a confirmed breakdown below the channel would invalidate the bullish setup and increase the risk of a deeper correction toward $50 or lower.