$SOL is showing signs of a potential correction in the coming weeksâor sooner. đ
Price has tested the $100 resistance zone three times but failed to secure a breakout, highlighting strong selling pressure at this level.
My outlook: a retracement toward the 0.5 Fibonacci level around $88 could come first. From there, Iâd look for a recovery toward $98, followed by another attempt to break above $100.
If SOL successfully holds the lower levels and buyers step back in, the next breakout attempt could have much stronger momentum. đ
Key levels: $88 support â $98 reclaim â $100 breakout đŻ
Price has tested the $100 resistance zone three times but failed to secure a breakout, highlighting strong selling pressure at this level.
My outlook: a retracement toward the 0.5 Fibonacci level around $88 could come first. From there, Iâd look for a recovery toward $98, followed by another attempt to break above $100.
If SOL successfully holds the lower levels and buyers step back in, the next breakout attempt could have much stronger momentum. đ
Key levels: $88 support â $98 reclaim â $100 breakout đŻ
