๐ถ $SOL /USDT Market Update
๐ฐ Price: ~$124.2
Solana saw a strong rejection from the $130.2 high and corrected into a key demand zone. After sweeping liquidity near $122.1, price is now showing short-term consolidation with mild recovery.
๐น Key Levels
โข Support: $122.0 โ $122.5 โ (already tested & defended)
โข Resistance: $125.3 โ $127.0
โข Major Resistance: $130.0 โ $130.5
๐ Bias: Range-bound to mildly bullish above support
๐ฏ Trade Idea
โข Long while price holds above $122.0
โข Targets: $125.3 โ $127.0 โ $130.0
โข Invalidation: Breakdown below $121.8 may open further downside
โ ๏ธ Manage risk properly and wait for confirmation before entry.
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SOLUSDT
Perp
144.41
-0.11%