Just noticed SOL got rejected hard at that $90 zone again. Price tried to push through but couldn't hold it, and now we're seeing some real weakness. Currently sitting around $79, which means we've already dropped from where the rejection happened.

The rejection region near $90 has been a pretty consistent barrier lately. Every time price gets close to that level, selling pressure kicks in. It's basically the upper boundary of the trading range we've been stuck in, and it aligns with some major structural resistance on the chart. The fact that SOL keeps failing to break above this rejection region is starting to look more bearish.

What's interesting is the pattern that's developing. If I'm reading this right, we might be looking at an ABC correction structure. The initial dip was the A leg, then we got a bounce (B leg), and now that we've been rejected from the $90 rejection region, we could be heading into the C leg where price typically drops harder to clear out liquidity.

The key support level to watch is $81. If that breaks, it opens up a deeper move toward the value area low. Right now we're not there yet, but the rejection from $90 definitely suggests we're heading in that direction. There are also some untapped swing lows below current levels that could attract price action.

I'm watching this closely because the rejection region around $90 has been too strong to ignore. Until SOL can reclaim that level convincingly, the bias stays downside. If we break below $81, that would pretty much confirm the bearish setup is playing out. On the flip side, if price somehow manages to reclaim and hold above the $90 rejection region, that would flip the narrative back to bullish. For now though, the rejection is the dominant signal.