My Solana Target is $30 (and I have proof)

$SOL is down 65% and I still don't think it's bottomed. In this video I lay out the full bearish case - why I think Solana hasn't found its real bottom yet, and where I think it actually lands. We start with the short-term bottom that formed around $80-85, the long-term support line from 2020-2022 that finally broke, and why sideways price action after coming down from a high is just a wide bear flag pointing lower. From there I get into the levels that matter. Solana bounced off the golden 0.618 Fib at $68.76, and losing that opens the door to the 0.5 Fib at $45.60 and lower. I walk through the concept of fair value gaps - the vacuous space left behind by the October 2023 pump that still wants to be filled all the way down to around $21.93 - and why that points to a possible 74% drop to $20, though I think a bounce off the 0.382 Fib near $30-32 is the more generous and likely bottom target. I also cover the bullish counterpoints honestly: the deeply oversold weekly RSI at 16.26, the bullish RSI reset, and the TBT bullish divergence confirmed May 4th. But the weight of evidence stays bearish. On balance volume is still firmly below its moving average and pointing down, volume has dried up to $2.3 billion (a good thing in a bear market, but not capitulation yet), and the weekly TBO has been in a confirmed open short since December with TBO support sitting near $32.45 - lining up neatly with that 0.382 Fib. I close with how to think about your own position depending on conviction, tax implications, and whether you DCA, hold, or scale out. If Bitcoin drops further, Solana will overreact to the downside. I'm not holding any and I'd rather buy lower. CHAPTER MARKERS 0:00 Why I'm Still Bearish on Solana 0:33 The Short-Term Bottom at $80-85 2:40 Broken Long-Term Support & the Wide Bear Flag 5:50 Fibonacci Levels - The Golden 618 & Downside Targets 9:00 Fair Value Gaps Explained 14:40 The Case for $20 vs a $30-32 Bottom 17:00 The Bullish Counterpoints - Oversold RSI & Resets 18:50 On Balance Volume & Dried-Up Volume 26:15 TBO & TBT Divergence on the Weekly 32:30 What To Do With Your Position 35:50 Wrap-Up & Altrady Interview Plug 🔥 Exclusive Resources For You 🔥 💰 Sign up & Trade on Kraken A trusted, long-running crypto exchange serving traders worldwide. Sign up with my link and start trading safely today! https://invite.kraken.com/JDNW/n2vjiyla 🥇 TBO Indicator The Trending Breakout (TBO for short) indicator is the best TradingView indicator for a reason: it spots trends early, identifies breakouts, and helps me avoid false signals and market noise. Get access to it here: https://www.thebettertraders.com/TBO 💪 Sign up and Trade on Toobit Trade to Earn up to $30,000 in Welcome Rewards with my special link 👉https://go.coinbureau.com/aarontoobit 🦾 Altrady: The Best Automated Crypto Trading Platform Use the best crypto trading platform to automate your trading and take it to a whole new level. Whether it's DCA bots, Smart Trading, or Grid Bots, Altrady has the best tools available. Save 12% with our special referral link: https://altrady.com?a=thebettertraders 🧑‍🏫 Crypto Trading Education Courses Ready to take your trading to the next level? Learn our proven strategies for making substantial profits through crypto trading, covering Automated Bot Trading, Active Scalping, Day Trading, and Swing Trading at https://www.thebettertraders.com. Our courses are designed to turn you into a trading powerhouse 💪 💡 Mastering Assets Learn the foundational basics of cryptocurrency and Bitcoin with an investor's perspective at Mastering Assets. Get started in crypto with my intro course, The Complete Cryptocurrency Investor: https://masteringassets.com/ 💯 My Official Links Stay in touch with all things crypto by following me across all platforms. Check out https://linktree.com/aarondishner for easy access to Discord, Twitter, Instagram, and TikTok. Follow us for the latest market insights, updates, and more. *Disclaimer: I am not a financial advisor, and none of the information presented in this video should be considered financial advice. All content shared is for educational purposes only. Please conduct your own research and consult with a professional before making any financial decisions.