Guys, remember our previous $SOL analysis? 👀

We highlighted the $107–108 support zone, and price has now dropped sharply into that area before showing a bounce. SOL is currently trying to stabilize around the $110 zone.

So, what should we watch next? 👇

🟱 Bullish scenario If SOL holds above $107–108 and buyers step in with strength, we could see a recovery toward $113–116. A successful reclaim of that zone could open the way toward $118–120.

🔮 Bearish scenario If $SOL loses $107–108 on a convincing 4H close, the next downside levels to watch are $106 and $102. So we shouldn’t assume the bottom is in just because price bounced.

📌 My take:
The support zone is doing the job we were watching it for, but the bounce still needs confirmation. I want to see buyers reclaim key resistance levels before getting too bullish.

No need to chase the move let price confirm its next direction. Patience is key here. 🎯

Key levels to watch:

Support: $107–108
Lower supports: $106 / $102
Resistance: $113–116
Next upside zone: $118–120

Let’s see whether $SOL can turn this support reaction into a proper recovery. 👀

This is a technical scenario, not a guaranteed prediction. Always manage risk.
#SolanaPlansToCutBlockTimesTo200ms #IMFSaysTokenizedMarketsSmall