Solana Near Reversal, Bullish Retest ?SOLUSDT Perpetual ContractBYBIT:SOLUSDT.PThe_Alchemist_Trader_Solana is currently trading at a highly significant technical location, where price action is approaching an area that could determine the next directional move. Recent market behavior suggests that a lower-timeframe rejection toward the daily support zone around $69 may provide the foundation for a bullish setup. This support level is an important area to monitor, as it has the potential to attract buyers and establish a base for the next leg higher. From a market structure perspective, Solana remains within a broader bullish trend despite recent corrective price action. Pullbacks into key support are often healthy within an uptrend, allowing the market to reset before continuation occurs. If buyers successfully defend the daily support zone, the probability increases for a rotational move back toward the Point of Control (POC), which is located above $80 and represents the next major upside objective. However, confirmation remains important. Before a sustained rally can develop, Solana needs to establish a clear bottoming structure on the lower timeframes. This could include higher lows, bullish reclaim patterns, or a shift in short-term market structure that confirms buyers are regaining control. Overall, the technical outlook remains constructive. Current price action is developing within a region where reversals frequently occur, and the broader trend continues to favor upside continuation. As long as support holds and a bottoming structure forms, Solana appears well-positioned for a move higher toward the Point of Control and potentially beyond.