SOL is trading around $121.8, down roughly -2.0% in the last 24h. Price recently swept liquidity near $120.5 and reacted fast, pushing back into the range. What we’re seeing now is tight consolidation after a bounce, which often acts as a base for the next directional move. On the lower timeframes, structure is still holding with buyers defending dips.
As long as SOL holds above the 120 support, the bias stays bullish. A clean reclaim of 123 with volume can trigger a sharp upside continuation and open the path toward the mid 120s and higher.
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$SOL USDT – Volatility Shakeout Before Expansion?
SOL is trading around $121.8, down roughly -2.0% in the last 24h. Price recently swept liquidity near $120.5 and reacted fast, pushing back into the range. What we’re seeing now is tight consolidation after a bounce, which often acts as a base for the next directional move. On the lower timeframes, structure is still holding with buyers defending dips.
Trade Setup
• Entry Zone: 120.80 – 121.80
• Target 1 🎯: 123.00
• Target 2 🎯: 125.00
• Target 3 🎯: 128.50
• Stop Loss: 119.80
As long as SOL holds above the 120 support, the bias stays bullish. A clean reclaim of 123 with volume can trigger a sharp upside continuation and open the path toward the mid 120s and higher.
Let’s go $SOL