$SOL â 1H đ
SOL is sitting just below $120⊠but is this consolidation building the next move?
The structure still looks constructive. SOL pushed from $109 â $119.99, then held above the $115.32 Supertrend while consolidating around $118.
Key levels:
âą Resistance: $119.99 â $120.54
âą Support: $116.0 â $115.32
âą Deeper support: $112.64
đą Long idea: $116â117 on a clean retest
đ SL: $114.5
đŻ TP: $119.99 â $122 â $125
The key area is $116â117. If buyers keep defending it, SOL can retest $120. A clean 1H close above $120 would give strong continuation confirmation.
The order book is also noticeably bid-heavy at 67.3% bids, which supports the current structure, although order-book pressure can change quickly.
Recent daily data shows SOL closed around $116.56 on Sept. 22, after reaching $119.43 intraday.
Bias: bullish while $115.32 holds.
#Write2Earn
SOL is sitting just below $120⊠but is this consolidation building the next move?
The structure still looks constructive. SOL pushed from $109 â $119.99, then held above the $115.32 Supertrend while consolidating around $118.
Key levels:
âą Resistance: $119.99 â $120.54
âą Support: $116.0 â $115.32
âą Deeper support: $112.64
đą Long idea: $116â117 on a clean retest
đ SL: $114.5
đŻ TP: $119.99 â $122 â $125
The key area is $116â117. If buyers keep defending it, SOL can retest $120. A clean 1H close above $120 would give strong continuation confirmation.
The order book is also noticeably bid-heavy at 67.3% bids, which supports the current structure, although order-book pressure can change quickly.
Recent daily data shows SOL closed around $116.56 on Sept. 22, after reaching $119.43 intraday.
Bias: bullish while $115.32 holds.
#Write2Earn
