@blackrooted
SOL (4H) Market Update
Current Price: $121.8
SOL remains in a clear bearish trend on the 4H timeframe, continuing to print lower highs and lower lows. Selling pressure has intensified after failing to reclaim key resistance zones, keeping price near local lows.
📉 Key Levels:
• Immediate Resistance: $130 → $135
• Major Resistance: $145 → $150
• Current Support: $120
• Next Support: $115 → $110
🧠Outlook:
• As long as price stays below $135, downside risk remains dominant.
• A confirmed breakdown below $120 could accelerate moves toward $115–$110.
• Bullish recovery would require a strong reclaim and hold above $145 with volume.
Bias: Bearish. Trend remains weak until key resistance levels are reclaimed.
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