Gate 2025 Year-End Community Gala Technical Outlook SOL: Solana rebounds from Demand Zone but structure remains corrective

Solana is attempting to recover after finding strong demand near the support zone of $118–$125 , following a prolonged corrective decline from the cycle high above $240+. While the price has stabilized and momentum has improved, SOL remains below key Fibonacci resistance levels and major moving averages, keeping the overall structure neutral to bearish.
The recent rebound represents a slight recovery within a larger corrective trend, not a confirmed trend reversal at this stage.
EMA Structure (Bearish with early signs of stabilization)
EMA 20: $138.00
EMA 50: $138.23
EMA 100: $148.77
EMA 200: $159.95
SOL continues to trade below all major EMAs, with the EMA 20 and 50 acting as immediate dynamic resistance. Although short-term EMAs are flattening, the overall EMA alignment remains bearish, indicating that sellers still control the higher timeframe trend.
An improvement in structure will