#SOL

Solana is currently trading in a consolidation phase after recent volatility. Price action suggests the market is cooling down, while long-term structure remains constructive.

🔍 Key observations:

SOL is holding above its key support zone, showing solid buyer interest

Volume has stabilized, indicating reduced panic selling

On-chain activity and ecosystem usage remain strong compared to many altcoins

📊 Technical outlook:

Support zone is acting as a base for potential continuation

Resistance ahead requires strong volume for a clean breakout

RSI sits in a neutral range, leaving room for upside without overheating

📈 My view: This looks more like healthy consolidation rather than weakness.
If Bitcoin remains stable, SOL has a good chance to outperform during the next momentum phase, especially given its strong ecosystem narrative.

⚠️ Strategy note:

Prefer spot entries or light leverage

DCA near strong supports works better than chasing breakouts

Watch BTC direction for confirmation

#Solana #SOL #Altcoins #CryptoMarket