Key: 3 day close below or above $170 line

SOL's indicators are showing strength here at the key $170 line. However, I believe with a 3 day candle close below this key line, we will see a continuation down to the support line that started Jan 22 24 and was confirmed Aug 4th 2024.



Somewhere around $150-$155. It's bounced nicely off this line two times.




A break of this line indicates to me a further retracement to $120. This still leaves us in a bullish formation as it would be a higher low than August 2024.