$SOL — 1H 👀
SOL is sitting just below $120… but is this consolidation building the next move?
The structure still looks constructive. SOL pushed from $109 → $119.99, then held above the $115.32 Supertrend while consolidating around $118.
Key levels:
• Resistance: $119.99 → $120.54
• Support: $116.0 → $115.32
• Deeper support: $112.64
🟢 Long idea: $116–117 on a clean retest
🛑 SL: $114.5
🎯 TP: $119.99 → $122 → $125
The key area is $116–117. 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 → $119.99, then held above the $115.32 Supertrend while consolidating around $118.
Key levels:
• Resistance: $119.99 → $120.54
• Support: $116.0 → $115.32
• Deeper support: $112.64
🟢 Long idea: $116–117 on a clean retest
🛑 SL: $114.5
🎯 TP: $119.99 → $122 → $125
The key area is $116–117. 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
