#SOL

SOL's current structure is actually relatively strong.
The 20-day moving average has already started to rise, and RSI is near the strong zone, indicating that the current market is still bullish.
Moreover, after the price retraced to around $89 near the 20-day moving average, it was quickly pushed back up, showing that there is capital support below.
Next, the focus is still on $98.
This level has been tested many times, and if it can break through and stabilize this time, it indicates that selling pressure above is beginning to be digested, and the market may enter a new round of rally.
Following this structure, we can first look at $106, then higher at $117.
But there is also a prerequisite—
The 20-day moving average must not be lost.
If the price falls below the 20-day moving average again later, it indicates that this upward momentum is weakening, and the market may not be ready to trend directly.
In this case, SOL is likely to return to the $75 to $98 range to continue consolidating.