$SOL is making some interesting moves right now, so letโs break it down.
๐ Current Price: $194.43 (+1.67%)
Right now, SOL is stuck under a 1-hour โRejection Blockโ โ thatโs basically a price wall where sellers keep stepping in.
๐ Bearish Scenario (More Likely if Price Stays Below $202โ$204)
If price keeps making lower highs (LH) and breaks its last higher low (HL), we could see a drop toward $185.
This would confirm sellers are still in control.
๐ Bullish Alternative (Needs Breakout Above $202โ$204)
If SOL can break and hold above that rejection zone, we could see a push toward $210.
That would mean buyers are taking over.
โ ๏ธ Key Levels to Watch:
๐ด Seller Zone: $202โ$204
๐ข Support Zone: ~$185
๐ก Pro Tip: The market is still volatile here โ manage your risk carefully!