SOL Price Faces Pivotal Moment After Rejection at $115 - Further Upside or 30% Drop Ahead?
- SOL price rejected at $115 resistance level on Feb 14, currently trading above $100
- Daily RSI indicator is below 50 showing bearish momentum
- According to Elliott Wave theory, SOL is in wave 4 of a 5-wave upward movement
- Breakout from current symmetrical triangle could lead to 45% price increase to $145
- Breakdown from the triangle could trigger over 30% drop to support at $69