$SOL L has dropped straight into a major demand zone, the same area where strong buyers usually step in quietly. Current price around 103–104 is not random ... this zone has historically acted as a reaction level.
Strong Support:
100 – 97
Key Resistance Levels:
106
110
118 (a clean break here can flip momentum fast)
This kind of sharp pullback is often how strong reversals begin. The market shakes out weak hands and then rewards patience. SOL is known for fast recoveries ... a 10–20 dollar move can happen quickly once momentum kicks in.
This looks less like panic and more like accumulation.
If SOL reclaims and holds above 106, the short-term trend can start shifting bullish again.
SOL
92.05
-8.05%