$SOL
You’re right—$SOL is definitely at a crucial point right now. The rejection at $134.45 shows that the bears still have control, and the RSI/StochRSI combo indicates there’s room for further downside before it hits oversold territory. Losing the $123 level would open up the $118–$115 zone, which could be a solid area for buyers to step in if they’re looking to accumulate at a discount.
Volume at 3.54M SOL is decent enough to suggest this isn’t just a small fluctuation, but it’s not explosive yet, which means there’s still uncertainty. If the bulls want to flip this, they’ll need to push past $127.50–$130 with some solid volume to reclaim control and spark a potential rebound.
As for me, I’d probably wait to see if $123 holds. If it breaks, the next level could offer a better entry for a bounce, but I’d want to see strong confirmation (volume and price action) before making a long position. What are you thinking—looking to catch a bounce or waiting for confirmation of a breakdown?
