$SOL is sitting right on its daily EMA 21 👀

After ranging between ~116 and 124 since late September, SOL dropped 3% today and is now testing the daily EMA 21 (~116). On the 4H it's below all EMAs, so short-term momentum is weak.

🔺 Resistance: 119.2 (daily EMA 9) → 122.5–124 (range top)
🔻 Support: 115.5–116 (EMA 21 + today's low) → 112–113

✅ Bounce case: holds 115.5–116 and reclaims 119.2 → back toward 122.5
❌ Breakdown case: daily close below 115.5 → 112–113 next

This is a support test, not a confirmed bounce. Wait for the close before getting excited.

Bounce or breakdown? 👇

⚠️ Not financial advice. DYOR.
#sol #Solana #CryptoAnalysis