Technical analysis by CryptoKnee about Symbol SOL: Buy recommendation (6/4/2025)

In our last Solana (SOL) update, we discussed the potential for a bounce and posed the critical question: would it be a retest or a reclaim? That distinction is now front and center as price action unfolds.The 141 area remains the level bulls must defend. A clean reaction here, ideally with a supportive pattern, would create favorable conditions for upside continuation. However, if price returns above 169 , the current impulsive structure downward would be invalidated and a recount would be warranted, that could also be the end of the correction.Zooming out, the bigger question is whether we are in the C wave of a flat correction. If that’s the case, then this impulse Should be the final move before a change in trend. Conversely, an impulse shouldn't be taken for granted nor lightly, I could set the stage for further down side. If a C wave, this pattern could set the stage for a powerful move after it completes.In simpler terms:If bulls hold 141 and reclaim momentum, the structure could shift bullish quickly.If this is a flat, the C wave down is still unfolding, and we may need to endure one more leg lower before a true trend reversal.Either way, patience is key. Let the chart print clarity.