$SOL ‌Market Snapshot (SOL/USDT)

Price took a sharp drop and found support near the 130 zone, followed by a calm bounce. Right now, the market feels like it’s catching its breath after panic selling.
What the chart is saying (short term)
On the lower timeframe, price is moving sideways after the rebound. Selling pressure has slowed, but buyers are still cautious. This looks more like stabilization, not a strong reversal yet.
Bigger picture view
On higher timeframes, the structure is still below key moving averages. That means the trend is weak, but the strong reaction from support shows buyers are defending this zone.
Possible scenarios (personal view, not advice)
If price holds above the recent support, a slow push toward the mid-range could happen.
If support fails, another test of lower levels is possible before any real recovery.
Best case: consolidation now, momentum later. Worst case: weak bounce and continuation down.
My takeaway
This is a wait-and-watch zone. Momentum traders already moved, now patience matters more than speed.