ChainThink report: On December 23, AI-powered technical analysis reveals a Three Crows pattern on the SOL weekly chart, indicating a continued short-term bearish bias. However, after several weeks of narrow-range consolidation, bearish pressure has been constrained from breaking through significantly, reflecting a weak-to-strong underlying structure. Currently, the CCI is approaching a crossover above -100, signaling strengthening bullish momentum. Following the narrow-range consolidation, if a retest holds above the key support at $120 without breaking it, a medium-term bottom may form. Subsequently, SOL could enter a sideways-upward consolidation phase targeting resistance levels above $145, with confirmation based on two consecutive daily closes above the level;
If $120 is broken decisively, the price trajectory becomes more diversified, with potential support levels at $116 and $110. (AI analysis, not investment advice, validity period: 1–3 weeks)

Disclaimer: Contains third-party opinions, does not constitute financial advice
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