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$SOL Breakdown Confirmed | Key Demand Zone in Sight
$SOL broke below the critical $125 level and dropped as low as $116. It's now trading near $122.7. If this bearish momentum continues, we could see a deeper correction toward $113 and $106. The next major demand zone sits between $95 and $106, a zone that previously triggered strong reversals. All eyes on price behavior if it taps this area again.
$SOL has reached the bottom boundary of the main descending channel, now trading near $127. This zone aligns with a key demand area. If buyers step in here, a bounce could follow. However, a breakdown below this level opens the path toward the next major demand zone around $105.
The $122–$132 zone remains critical. Holding this level keeps the bullish recovery scenario alive. Losing it confirms bearish continuation.
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