$SOL ‌SOL is trying to stabilize after a sharp drop. The price bounced from a key demand area and is now moving sideways. This zone is important for the next move.

Current Structure
The market made a lower low near 112 and reacted strongly. After the bounce, the price is forming a short-term base around 116. This shows buyers are active, but they are still building confidence.

Key Support Levels
112.0 - 113.0, Major demand zone
115.0, Intraday support
As long as the price stays above this area, downside pressure remains limited.

Key Resistance Levels
118.5 - 119.0, First resistance
122.0 - 124.0, Previous breakdown zone
The price needs a clean break above resistance to confirm strength.

Bullish Scenario
If SOL holds above 115 and breaks 119, a move toward 122 or higher becomes possible. This would signal a short-term trend recovery.

Bearish Scenario
If the price drops below 115 again, the market may revisit the 112 support. A breakdown there would weaken the structure further.

Final Note
This is a structure-based view, not financial advice. Market conditions can change quickly. Always manage your risk and wait for confirmation.