According to @tradingview analysis, SOL (Solana) faced significant resistance in May, precisely at the former trend support—now acting as a resistance line—which prevented a breakout attempt. Since its breakdown in February, SOL price has entered a consolidation phase, indicating a lack of decisive momentum for a new uptrend. Traders should monitor the immediate resistance and support lines, as a breakout above the current consolidation zone could trigger renewed bullish momentum, while a failure to hold the lower support may lead to further downside. This technical setup highlights critical levels for crypto traders to watch for potential entries or exits. Source: TradingView chart analysis.