$SOL is currently trading between $116-$123, facing market bearishness after a 14% drop in the last two weeks. Technically, it's weak, trading below its 50-day and 100-day EMAs ($133.83 and $144.10). However, on-chain data shows long-term holders are accumulating, and ETF inflows are positive ($13.14M in the last week) ¹ ².

*Next Move:*

- Breakout above $131-$133 could flip the narrative bullish, targeting $150 and $184.

- Breakdown below $116 might lead to a decline toward $104 or $88-$95 ¹.

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SOL

103.03

-0.26%