$SOL keeps the bearish thesis active even though the trading area seems relatively contained lately. You could argue for a bounce off the range floor, but the hourly and four-hour bias is still pointing down. The sustained bearish momentum visible in recent candles outweighs the tightness of the current consolidation. A strong close below that recent low would be a clear confirmation signal.

Levels — SOLUSDT
Zone: 104.41 - 104.69
Cut: 105.07
Scale: 104.03 | 103.61 | 103.09

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