As expected, buyers failed to defend the $116 level on $SOL, and we’re back in the $94 support zone.
Price is now trapped between the $116 and $94 boundaries. The new mission for bulls is to hold steady in this support zone.
$SOL is a key junction here, with price stalling a bit after the massive run from the $60 region.
Either buyers defend this level and we start to trade in the $116-$150 range, or we probably move to the lower one, from $116 to $94.