Solana just tapped major resistance — the same level that’s capped every rally since early 2024. This is now the third clean rejection off the $200 zone, and the structure couldn’t be more clear:
– Long-standing range between $115 and $200
– Previous rejections at the top led to full retracements
– This latest attempt? Rejected again — for now
If bulls want to flip the script, they’ll need a confirmed breakout with volume and a clean retest. Otherwise, this chart is screaming “range still intact.”
Until proven otherwise, this zone remains supply-heavy. Keep your risk tight — the next leg could move fast.
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