$SOL is still in a clear downtrend on the higher timeframe.
Price is holding near $120, but structure is weak.
If this level fails:
First support sits around $115–112
If selling continues, next major zone is $100–95
As long as SOL stays below previous breakdown levels, bounces are likely to be short-term only.
Trend decides direction.
Patience matters here
SOLUSDT
Perp
122.67
-1.12%