We are entering an interesting area for $SOL

As I said in the previous analysis, if the weekly candle did not close in RAID, then the reversal would not be valid. And as you can see in the weekly chart, the body of the candle closed below the sell side liquidity, so no sign of reversal = we will liquidate lower.

What we can expect going forward: potentially a slight accumulation time can occur at theses $140 levels.

Quite simply because we are in the POC (Point Of Control), a highly demanded level (the greatest level of volume in a price zone). 

So basically if the price begins to accumulate at theses levels with signs of reversal on the HTF candles, then $SOL can resume its run back up.

The second level to watch, if we go bullish again, will be around $220. 

I personally bought some $SOL at theses levels, lets see if I am right. Will hold it for few weeks and see what happens.