📊 $SOL (1H)
Analysis:
Bears remain in control as it struggles to hold support at $127. The negative sentiment, coupled with institutional outflows, are driving the recent decline. Price is testing the lower Bollinger Band here, and previous rejections near this level suggest potential for a bounce.
Price Targets:
If SOL fails to hold $127, mark the $123.28 support area as the next target for shorts, and below that $110. On the upside, a bounce could look to retest secondary resistance at $138.
