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$SOL (4H) is under heavy pressure after breaking down from the $125 zone, with price now hovering near the key psychological $100 support.
The trend remains firmly bearish, showing lower highs and lower lows. If $100 fails, a quick move toward the $92–95 demand zone is likely. Bulls need a strong reclaim of $117+ to shift momentum back in their favor.
Market sentiment: cautious, with sellers still in control. $SOL
#SOL:

🚨 MERL/USDT Volatility Spike!
MERL surged +144% from $0.205 → $0.502, only to crash back, forming a strong bearish reversal.
Support to watch: $0.30826 & $0.27094. Resistance: $0.38649.
Price now trades near $0.288bears dominate. Short setups on failed retests look favorable; longs wait for confirmation above $0.386.
$MERL