$SOL has pulled back to the retest level after breaking the long-term accumulation range. The green box support is very important for this.

It should remain above the green box for the continuation of the medium-term positive outlook. Most of the liquidation has been swept away. Even if it wicks below, closings should not be made below. Otherwise, the decline may deepen and a declining trend line and lower liquidation zones can be expected.

We continue to look for a new higher high in the internal structure for reversal confirmation. Currently, this level is 212.14