The guys $SOL

SOL

126.33

+0.09%

have been hit hard again.

It was a sharp drop, not just a small decline. The price failed to hold above 120, sellers took full control, and we saw a strong impulsive drop directly to 117. This kind of candle shows panic selling and weak buyers.

Right now, the momentum is clearly bearish. No rush for long positions here.

Key levels to watch:

Support: 116 – 114

Resistance: 120 – 122

If SOL does not regain 120, any bounce is just a retracement. The best move is to be patient, protect capital, and wait for a true base or sign of reversal.

This is not the time to try to catch falling knives.#sol