$SOL is showing an early momentum shift on the lower timeframe after a sharp sell-off. Price has started stabilizing and we’re seeing short-term MA crossover behavior, which usually signals the market is attempting a relief bounce rather than continuing straight down.

Right now, the key thing to watch is how price reacts as it moves upward into dynamic resistance. The zone around the 200-period moving average is important — this is where sellers previously defended aggressively. A clean rejection there would confirm this move as just a pullback, while acceptance above it would change the short-term bias.

If price pushes and holds above 124.6–125, momentum can extend toward 127 → 129.

Failure near the MA200 and a drop back below 122.8 would put 121.5 → 120 back on the table.

Let #Solana show its hand at the MA200 before committing.