$SOL Downside risks mount for Solana following complete liquidation of treasury holdings.
Resistance: $106.22. Lose $103.54 -> $103.29 comes into focus.
My view: I would stay cautious here. Chasing a bounce feels risky.
Why: SkyAI sold its entire Solana treasury to fund share buybacks.
Bearish below $106.22.
Source: Cointelegraph
[#SOL ](https://www.binance.com/square/hashtag/SOL)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)
Resistance: $106.22. Lose $103.54 -> $103.29 comes into focus.
My view: I would stay cautious here. Chasing a bounce feels risky.
Why: SkyAI sold its entire Solana treasury to fund share buybacks.
Bearish below $106.22.
Source: Cointelegraph
[#SOL ](https://www.binance.com/square/hashtag/SOL)[#crypto ](https://www.binance.com/square/hashtag/crypto)[#Binance ](https://www.binance.com/square/hashtag/Binance)