Technical Review: Solana (SOL) — Weak Rebound, Bearish Structure Remains Intact

Solana continues to trade in a clear bearish trend, currently attempting a small rebound after sweeping lows, but overall structure still indicates weak demand and risk of continuation.
EMA Structure (Bearish Control)
EMA 20: $71.6
EMA 50: $76.9
EMA 100: $83.9
EMA 200: $100.1
Price remains below all EMAs
EMA aligned bearishly (20 < 50 < 100 < 200)
Short-term EMAs act as dynamic resistance
👉 The trend remains bearish with weak recovery efforts
Fibonacci Levels
0.786: $213.6
0.618: $182.3
0.5: $160.3
0.382: $138.3
0.236: $111.1
0 (Low): $66
Price is above the 0 level ($66)
Trading within a deep discount zone
No resistance recovery at 0.236 ($111)
👉 Macro bias remains very bearish
Market Structure (ICT Concept)
Clear downtrend (higher lows + lower highs)
Recent failure from the range → continuation movement
Sell-side liquidity taken below the same lows
Current price forming tight consolidation after sweeping
👉 The market is likely in an accumulation phase (short-term) or continuation phase
RSI Momentum
RSI (14): 38–42
Recovering from oversold territory
No strong bullish divergence confirmation
👉 Momentum indicates a weak rebound, not a trend reversal
📊 Key Levels
Resistance
$70 – $75 (local supply + EMA cluster)
$80 – $85 (structural resistance)
Support
$66 – $64 (critical support zone)
Below $64 → continuation to $60 – $55 liquidity zone
📌 Summary
Solana is attempting a relief rebound after sweeping liquidity, but overall structure still favors the downside.
Loss of $64 → continuation to lower liquidity zones
Reclaim of $75 → short-term support towards $80–$85
👉 Current condition: Bearish consolidation with weak rebound
👉 Bias: Bearish (short- and medium-term)
⚠️ Pay close attention to the current range:
Hold support → temporary rebound
Lose support → sharp continuation downward
$SOL ‌