$SOL ๐จ IS APPROACHING A CRITICAL $125 RESISTANCE โ BREAKOUT NEXT?
Solana is back around the $120 zone, and the chart is getting interesting. ๐
The key battle is now around the $122โ$125 resistance area.
๐ Current zone: ~$120
๐ข Support: $118.56
๐ข Next support: $114.91
๐ด Resistance: $122.73
๐ด Major resistance: $125.43
A strong close above $122.73 could strengthen the bullish setup and bring $125+ back into focus.
But if $SOL gets rejected around $122โ$125, another pullback toward $118.56 or even $114.91 could happen.
Fundamentally, SOL also has important catalysts in focus, including ETF flows and the upcoming Alpenglow upgrade.
But remember โ catalysts don't guarantee a breakout.
๐ Bullish scenario:
Break and hold above $125 โ stronger momentum could follow.
๐ Bearish scenario:
Rejection at $122โ$125 โ support levels become important again.
The chart needs confirmation.
๐ What do you think?
Will $SOL break above $125 this time,
or face another rejection?
#Crypto #Solana #Altcoins๐๐ #BinanceSquareFamily
Solana is back around the $120 zone, and the chart is getting interesting. ๐
The key battle is now around the $122โ$125 resistance area.
๐ Current zone: ~$120
๐ข Support: $118.56
๐ข Next support: $114.91
๐ด Resistance: $122.73
๐ด Major resistance: $125.43
A strong close above $122.73 could strengthen the bullish setup and bring $125+ back into focus.
But if $SOL gets rejected around $122โ$125, another pullback toward $118.56 or even $114.91 could happen.
Fundamentally, SOL also has important catalysts in focus, including ETF flows and the upcoming Alpenglow upgrade.
But remember โ catalysts don't guarantee a breakout.
๐ Bullish scenario:
Break and hold above $125 โ stronger momentum could follow.
๐ Bearish scenario:
Rejection at $122โ$125 โ support levels become important again.
The chart needs confirmation.
๐ What do you think?
Will $SOL break above $125 this time,
or face another rejection?
#Crypto #Solana #Altcoins๐๐ #BinanceSquareFamily
