$SOL is sitting right on that $83–$85 support level at the moment.
Looking at the 4H chart, the TD Sequential just flashed a buy signal, which usually suggests the selling pressure might finally be cooling off for a bit.
* The Bull Case: If this $83–$85 area holds, we could see a decent bounce back toward $90. To really turn things around, though, we’d need to get back above $100.
* The Bear Case: If we lose $83, there isn't much support for a while. It could honestly drop toward the $50 range if that floor breaks.
Volatility is getting pretty low and liquidity is starting to bunch up, so it feels like a big move is coming soon. I'm leaning long as long as we stay above $83, but I'm watching closely.