$SOL at a Major Support Zone | Bulls or Bears?
SOL has dropped sharply from its $124–$125 local high and is now approaching a key demand zone at $92–$93.
The former $112–$113 support has turned into resistance, making the current zone crucial for the next move.
Bullish Scenario: If buyers defend $92–$93, SOL could recover towards $100, followed by $108–$113.
Bearish Scenario: A confirmed daily breakdown below $92 could open the door to $86, with $75–$80 as the next major demand zone.
Will buyers step in at $92–$93, or will SOL dip towards $90 first?
Watching for confirmation. Trade smart and manage risk.
SOL has dropped sharply from its $124–$125 local high and is now approaching a key demand zone at $92–$93.
The former $112–$113 support has turned into resistance, making the current zone crucial for the next move.
Bullish Scenario: If buyers defend $92–$93, SOL could recover towards $100, followed by $108–$113.
Bearish Scenario: A confirmed daily breakdown below $92 could open the door to $86, with $75–$80 as the next major demand zone.
Will buyers step in at $92–$93, or will SOL dip towards $90 first?
Watching for confirmation. Trade smart and manage risk.
