SOL is now at a critical moment. Will it hold above the 20-day moving average to determine whether it rebounds or continues to decline?

**What are the signals of a bullish start**

If SOL successfully closes above the 20-day moving average, it indicates that the bulls are starting to accumulate. In this case, the market is likely to surge upward, with the first target directly at $147. There may be some resistance around the 50-day moving average at $131.6, but honestly, if the bulls have real strength, this level is very likely to be broken directly. Once it stabilizes above, market sentiment will significantly improve.

**If the bears still dominate**

On the other hand, if SOL breaks below the moving average and continues to decline, forget about it—bears are still in full control. The downside risk will be amplified. First, see if $109 can hold. If this support level is broken, it may directly test the key support at $95.8.

**Now is the time to wait**

It's that simple: staying above the 20-day moving average means the rebound continues; breaking below indicates the bearish trend is not over yet. SOL has reached a crossroads, and the next candlestick will likely tell us the answer. At this stage, keep an eye on these key levels and don't rush into action.