Educational Note: Understanding $SOL ’s Current Market Structure
After a sharp drop $SOL has been trading in a narrow range where buyers appear active. This type of area is often called an accumulation zone where demand may begin to stabilize the market.
Right now the $78–$82 range is acting as a support area where buyers have stepped in multiple times.
Above that some traders are watching the $90–$95 zone as the next level of interest while $105–$112 remains a stronger resistance area.
If the support zone holds the market may continue stabilizing. If it breaks the current structure would likely change.