As long as price stays below that resistance, every push up looks corrective, not strength. Bulls need a clean daily close above the channel and 160 to flip the trend and change the story.
If rejection hits again, downside risk stays open toward 120 and even 115. Structure is clear.
Either SOL breaks free, or gravity pulls it lower.
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$SOL is still trapped under the upper channel.
As long as price stays below that resistance, every push up looks corrective, not strength. Bulls need a clean daily close above the channel and 160 to flip the trend and change the story.
If rejection hits again, downside risk stays open toward 120 and even 115. Structure is clear.
Either SOL breaks free, or gravity pulls it lower.