<ul><li>Crypto analyst Scott Melker highlighted a critical support-resistance setup for Solana (SOL), emphasizing a bounce off of $112 support.</li><li>For a bullish double-bottom pattern to validate, a breakout above the downtrend line (currently around $130) and a breach of the critical level at $147 would be required.</li><li>Concerns arise with the large unlocks of staked SOL, with $200M unlocking in a single day.</li><li>Despite holding above $100, Solana's current position is considered precarious, and further downside potential exists.</li></ul>

Is The Solana Bottom In? Experts Answer

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