SOL 3D – Retesting Trendline, But Will Support Break Next?

SOL remains in a clear daily downtrend, with price consistently setting lower highs beneath the descending trendline. Price is now pulling back into a potential lower-high retest zone, directly aligned with the confluence of the 50/100 EMAs overhead. Unless SOL can reclaim this trendline with a strong daily close, this setup favors continuation lower.

The first major area of interest is the $126 support, which has acted as a key reaction level across multiple months. A clean break of this level opens the door toward the lower $109 liquidity zone, which historically attracts deep wicks and stop-hunts before reversal attempts.

Stoch RSI remains in the oversold region, but without a confirmed bullish cross or momentum shift. Trend structure takes priority unless buyers reclaim the trendline and break the sequence of lower highs.

Watching for:
• Reaction at the trendline retest
• Daily close above or below $126
• Liquidity sweep toward $109 for potential reversal setups