$SOL Price Analysis:
đThe price currently sits above the critical $118-$122 support zone.
đOn the weekly chart, prices are holding above the Strong Support Area ; however, buying pressure remains weak.
đA large area of indecision exists on the higher timeframes, leaving the direction unclear for now.
đIn my view, a medium-term correction down to $95-$98, or potentially even $80, remains a possibility.
đKey Levels to Watch:
- Resistance: $140, $150-$152, $160-$162.50
- Support: $110-$113, $98-$100, $88-$90, $72-$75
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