SOL 1H – Key Breakout Setup, But Will the Trendline Hold Again?

Solana continues to trade within a sharp hourly downtrend, with price currently pressing up against the trendline after a clean bounce from the major demand zone.

The previous retest of the demand zone led to a bearish rejection from the same area (noted in the circled wick), followed by a clean continuation lower. Now, price is back near the trendline — but Stoch RSI is cooling off, suggesting short-term momentum may stall.

A confirmed breakout through the trendline would be the first real shift in trend structure — otherwise, another lower high could lead to fresh downside.

What to watch:
– Breakout above trendline = early reversal signal
– Rejection = continuation of hourly downtrend
– Demand zone remains key support
– Momentum fading slightly on Stoch RSI

This is a pivotal zone — wait for confirmation before jumping in.