SOL turned around after reaching near 146, and now it's hovering around the 132 line, with the price sticking close to the lower edge of the Bollinger mid-band. This kind of movement is a typical sign of a weak rebound, waiting for a directional choice.

Looking at the Bollinger lower band, it's clearly curving upward, but the price hasn't kept up. This is actually a sign of weakness. The MACD indicator is currently showing weak red bars at a low position, with the bars shrinking but no strong reversal signals. Overall trading volume is shrinking, which suggests this round of consolidation is more like the bears catching their breath rather than the bulls preparing for a big move.

At the moment, this position looks more like a buffer phase after a drop, and there are no signs of a strong takeoff yet. If Bitcoin can't hold its lower support, SOL will most likely take another dip to test the bottom in the 129 to 126 range before a more decent rebound can happen.

In the short term, it looks weak. If you want to go long, you should wait for a clear low point and for volume to return before entering. Jumping in now could easily get you whipsawed by the volatility.