The $124 region now acts as a short-term decision zone after several reactions in recent sessions. If buyers hold that level, price may attempt another move toward $126-$128.

If sellers force a sustained break under $124, traders will likely shift attention to $120 as the next support. A loss of $120 could open the path toward the Fibonacci level near $116.5.

Daily indicators continued to reflect . The Money Flow Index printed near 17.1, while the DMI showed -DMI near 24.2, above +DMI near 13.5, with ADX near 24.2. Bulls would need a stronger reclaim of the 0.236 Fibonacci area near $149.2 to change the broader structure.

Analysts on X outlined different downside and upside markers into early 2026. Bitbull said SOL could sweep support and leave $90-$100 as a potential accumulation zone, while noting $160-$180 as a Q1 2026 target. Stefan B said needs consolidation near the trendline and highlighted $78.14 as a potential buying area.

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