$SOL just tapped the 99-day MA and bounced.
After a strong rally to $206, #Solana pulled back hard, now trading at $164, down ~20% from recent highs.
But here’s the key:
It just kissed the MA(99) at $161 — a major long-term trendline — and is holding so far.
🟢 This could be the first sign of stability after 6 straight red candles
📉 Short-term trend remains under pressure (MA(7) & MA(25) crossover)
📊 Volume's cooling off, but not dead — meaning eyes are still on this zone
If #SOL can base above the 99MA and reclaim $170+, this might set up the next move.
If not — $150-$148 range could be tested.
It’s a critical zone. Watch closely.