$SOL is showing a strong recovery on the 1D chart, moving from around $96 to $121. Price is currently near $121.03, but the recent rejection around $122.9ā$124 shows strong resistance.
Key levels:
š“ Resistance: $122.9ā$124
š¢ Support: $120
š¢ Strong support: $116
š¢ Major support: $112
If $SOL breaks and holds above $124, the bullish structure could continue. But a drop below $120 may bring a deeper pullback toward $116ā$112.
Overall: Trend remains bullish, but price is sitting near an important resistance zone, so confirmation is important before expecting the next move.
Key levels:
š“ Resistance: $122.9ā$124
š¢ Support: $120
š¢ Strong support: $116
š¢ Major support: $112
If $SOL breaks and holds above $124, the bullish structure could continue. But a drop below $120 may bring a deeper pullback toward $116ā$112.
Overall: Trend remains bullish, but price is sitting near an important resistance zone, so confirmation is important before expecting the next move.
