$SOL
is trading near $103–$106, up a few percent from the October 15 low near $101 but still well below the early-October highs near $122. Over the next 24 hours the base case is consolidation between $101 and $108. A push above $106–$108 opens $110–$112; a break under $101 opens the high-$90s. SOL has underperformed Bitcoin on the week and is likely to remain high-beta to any further risk-off move. A clean reclaim of $108 is the first signal that the short-term selling pressure is easing.
is trading near $103–$106, up a few percent from the October 15 low near $101 but still well below the early-October highs near $122. Over the next 24 hours the base case is consolidation between $101 and $108. A push above $106–$108 opens $110–$112; a break under $101 opens the high-$90s. SOL has underperformed Bitcoin on the week and is likely to remain high-beta to any further risk-off move. A clean reclaim of $108 is the first signal that the short-term selling pressure is easing.
