Current price is showing mixed but constructive activity, sitting near 122.6 after a sharp bounce from the 119.1 low. Following the strong impulsive push toward 124.3, SOL is now in a healthy pullback / consolidation phase. On the 1H timeframe, bullish structure is still intact, suggesting momentum is cooling but not broken.
As long as SOL holds above the 121 support, this pullback can act as fuel for the next leg up. A clean reclaim of 124.3 with volume could trigger a strong continuation rally toward the high 120s 🚀
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$SOL USDT – Big Move Ahead?
Current price is showing mixed but constructive activity, sitting near 122.6 after a sharp bounce from the 119.1 low. Following the strong impulsive push toward 124.3, SOL is now in a healthy pullback / consolidation phase. On the 1H timeframe, bullish structure is still intact, suggesting momentum is cooling but not broken.
Trade Setup
• Entry Zone: 121.80 – 122.40
• Target 1 🎯: 124.30
• Target 2 🎯: 126.80
• Target 3 🎯: 129.50
• Stop Loss: 119.90
As long as SOL holds above the 121 support, this pullback can act as fuel for the next leg up. A clean reclaim of 124.3 with volume could trigger a strong continuation rally toward the high 120s 🚀
Let’s go $SOL