SOL/USDT at Key Inflection Point – Breakout or Rejection?Solana / US DollarCOINBASE:SOLUSDapeastronaut404Solana (SOL) is trading at a pivotal zone where price structure, harmonic patterns, and key technical indicators converge. This setup outlines three potential scenarios, guided by fib levels, auto trendlines, and momentum indicators. Orange Scenario (Moderate Bullish): Price has recently bounced off the 0.618 Fibonacci retracement (~$149.50), suggesting short-term bullish momentum. However, the orange path indicates a likely move toward resistance around $153–$154.50, where previous structure and upper Bollinger Bands align. Without strong confirmation (e.g., volume spike or RSI breakout), this area may reject further upward movement and trigger a reversal. Green Scenario (Confirmed Bullish Breakout): A decisive break and close above $154.50, supported by increasing volume and RSI holding above 60, would signal a breakout continuation. In this case, price may target $158 to $160, completing the bullish harmonic projection and extending the current trend structure. Red Scenario (Bearish Breakdown): Failure to hold the $148–$149 zone would validate the bearish harmonic pattern. If confirmed, this breakdown opens room toward lower support zones at $142.50 and $136, especially if PVT weakens further and RSI dips below 50. Downside pressure would likely be amplified by the prevailing downward trendline. Indicators Used: Bollinger Bands (BB 20, 2) Relative Strength Index (RSI 14) with moving average overlay Price Volume Trend (PVT) Auto-generated trendlines Harmonic Patterns (ABCD and XABCD) Fibonacci retracement and extension levels Bias: Neutral at the moment. Awaiting confirmation via price reaction at key support and resistance levels. Strategy Outline: Bullish if price breaks and holds above $154.50 (targets: $158–$160) Bearish if price breaks below $148 (targets: $142.50 / $136) Short-term scalping opportunity within $149–$153.75 zone pending further clarity *This analysis is for informational and educational purposes only and does not constitute financial or investment advice. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making trading decisions. The author is not responsible for any losses incurred from reliance on this analysis.*