đ $SOL LIVE MARKET ANALYSIS â BREAKOUT OR REJECTION?
$SOL is trading around $121.4, and buyers are trying to push the price higher. The key battle is now around the $122â$123 resistance zone.
đ Key Technical Levels
đą Support: $119.80â$120.00
đ Resistance: $122.50â$123.00
đŻ Upside Targets: $125 â $130
đ» Downside Levels: $117 â $111
đ Bullish Scenario:
If SOL breaks above $123 with strong buying volume and holds the level, a move toward $125 becomes possible. A successful continuation could open the door toward $130.
đ Bearish Scenario:
If SOL gets rejected near $122â$123 and loses the $119.80 support, sellers could push the price toward $117. A deeper correction could bring $111 into focus.
My Trading Plan:
Iâm watching for a confirmed breakout or a clean retest before considering an entry. Chasing resistance without confirmation can be risky.
đŹ Your opinion: Will $SOL break above $125, or are we heading back toward $117 first?
#SOL #Solana #FedOctoberRateHikeOddsFallTo17%
$SOL is trading around $121.4, and buyers are trying to push the price higher. The key battle is now around the $122â$123 resistance zone.
đ Key Technical Levels
đą Support: $119.80â$120.00
đ Resistance: $122.50â$123.00
đŻ Upside Targets: $125 â $130
đ» Downside Levels: $117 â $111
đ Bullish Scenario:
If SOL breaks above $123 with strong buying volume and holds the level, a move toward $125 becomes possible. A successful continuation could open the door toward $130.
đ Bearish Scenario:
If SOL gets rejected near $122â$123 and loses the $119.80 support, sellers could push the price toward $117. A deeper correction could bring $111 into focus.
My Trading Plan:
Iâm watching for a confirmed breakout or a clean retest before considering an entry. Chasing resistance without confirmation can be risky.
đŹ Your opinion: Will $SOL break above $125, or are we heading back toward $117 first?
#SOL #Solana #FedOctoberRateHikeOddsFallTo17%
