$SOL Analysis: Bullish Momentum Brewing? š
$SOL has demonstrated a strong bounce from the 123ā124 demand zone, a level that has served as significant support for weeks. Buyers quickly stepped in, and the price candles are turning green. This indicates potential for a recovery.
Currently, $SOL is holding around 127. Should this momentum persist, we could see this movement evolve into a powerful recovery, suggesting a readiness for a short-term upward push.
Key Targets (TP) to watch:
š First TP: 132
š Second TP: 136
š Extended TP: 140ā144
If significant volume returns, $SOL has the potential to ascend to these levels rapidly. This strong bounce and the chart's renewed signs of life post-drop suggest $SOL may be preparing for its next upward leg.
Stay alert; market movements can often be swifter than anticipated.
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