$SOL/USDT โ€” Current Market Update ๐Ÿ“Š
$SOL is trading around $119.39, down approximately 3.75% on the day. The daily chart shows a pullback after the recent high near $124.95.
Key levels:
๐Ÿ”น Current: $119.39
๐ŸŸข Support: $117.50โ€“$116.00
๐ŸŸข Stronger support: $106.50
๐Ÿ”ด Resistance: $124.00โ€“$125.00
๐Ÿ”ด Breakout area: Above $125
The Supertrend remains positive around $106.55, so the broader daily structure is still bullish, while the current move shows short-term profit-taking.
Watch $116 closely: holding this zone could support another attempt toward $124โ€“125. A decisive break below it could bring deeper correction.
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