On the upside, immediate resistance is near the $116 level. The next major resistance is near the $120 level or the 50% Fib retracement level of the downward move from the $128 swing high to the $112 low. If SOL fails to rise above the $116 resistance, it could continue to move down. The first major support is near the $112 level. A break below the $112 level might send the price toward the $105 support zone.