Technical analysis by weslad about Symbol SOL on 12/5/2025

SOLUSDT has been grinding through a deep corrective phase since the January 2025 ATH. Wave A established the base, and price action is now developing the final leg of the structure. If the pattern completes fully, the extension could stretch toward the $80 zone before true recovery begins. For now, the market is attempting a relief rally from the $123 support. Price is heading straight into a key supply block, and this zone will decide everything: 🔺 Break and hold above = bullish shift resumes 🔻 Rejection = deeper correction, wave C continues This is the moment where trend direction becomes clear. Any breakout from this supply area will ignite strong momentum and could change the narrative completely. The structure remains clean, and volatility is building. The thread will be updated as the move develops. Drop your thoughts below, are you watching the same zone?