SOL Tests $104-$106 Support as Higher-Low Structure Faces Pressure
At This is not a routine pullback but a key test of SOL's recent uptrend: the 0.382 retracement near 104.75 offers support, but only a reclaim of 116.81 strengthens the rebound case. Focus is whether 104-106 holds and 125 becomes a breakout point again; a daily close below 96.74 invalidates the higher-low structure and reprices the 98.50-100 support zone.
$104-$106 forms a support confluence with the 0.382 retracement level
Holding support and reclaiming $116.81 can strengthen the rebound structure
Pulled back from $125, with the recent high-low structure under pressure
A daily close below $96.74 would damage the higher-low structure
$SOL
At This is not a routine pullback but a key test of SOL's recent uptrend: the 0.382 retracement near 104.75 offers support, but only a reclaim of 116.81 strengthens the rebound case. Focus is whether 104-106 holds and 125 becomes a breakout point again; a daily close below 96.74 invalidates the higher-low structure and reprices the 98.50-100 support zone.
$104-$106 forms a support confluence with the 0.382 retracement level
Holding support and reclaiming $116.81 can strengthen the rebound structure
Pulled back from $125, with the recent high-low structure under pressure
A daily close below $96.74 would damage the higher-low structure
$SOL