$SOL continues to trade within a descending channel.
After losing the $104 support, price has dropped toward the $89–90 zone. This is now the key area to watch.
If this level fails to hold, $84 becomes the next major support, followed by the $75–76 region.
On the upside, reclaiming $104 is the first step toward improving the technical picture. Above that, $108–110 remains an important resistance zone.
For now, sellers remain in control. Until SOL breaks out of this descending structure, I would treat upward moves as relief rallies rather than a confirmed trend reversal.
Patience is key here. Watching how price reacts at these levels.
After losing the $104 support, price has dropped toward the $89–90 zone. This is now the key area to watch.
If this level fails to hold, $84 becomes the next major support, followed by the $75–76 region.
On the upside, reclaiming $104 is the first step toward improving the technical picture. Above that, $108–110 remains an important resistance zone.
For now, sellers remain in control. Until SOL breaks out of this descending structure, I would treat upward moves as relief rallies rather than a confirmed trend reversal.
Patience is key here. Watching how price reacts at these levels.
