$SOL $BTC

📊 SOL — current scenario

SOL is close to $100, a region that is functioning as an important area of contention. An analysis published today also highlights a loss of momentum as the price tries to hold that region.

The Cryptonomist

Levels to watch on the chart:
🟢 $100: important psychological region.
⬆️ Above $100: watch whether the price can stay above and form rising bottoms.

🔴 Below $100: watch whether rejection occurs and the correction continues.
📉 Supports: mark the recent lows on the 1H/4H chart instead of assuming a fixed level.