Market Trend: The chart shows a long-term downtrend followed by a short-term recovery. Selling pressure may remain, but buyers could push the price higher if SOL holds above $100.
Bullish Scenario: If buying volume increases and SOL breaks above $106, the price could move toward $109.
Bearish Scenario: If SOL breaks below $100, the price could fall toward $96.
My Outlook: Short-term bearish risk remains, although a temporary recovery is possible. Watch the $100 support level and trading volume before making any trading decisions.
Note: These are possible scenarios, not guaranteed price predictions. Your screenshot uses the 1-month timeframe, so it cannot reliably predict the next hourly candle.
Bullish Scenario: If buying volume increases and SOL breaks above $106, the price could move toward $109.
Bearish Scenario: If SOL breaks below $100, the price could fall toward $96.
My Outlook: Short-term bearish risk remains, although a temporary recovery is possible. Watch the $100 support level and trading volume before making any trading decisions.
Note: These are possible scenarios, not guaranteed price predictions. Your screenshot uses the 1-month timeframe, so it cannot reliably predict the next hourly candle.