🟣 SOL/USDT — Technical Analysis
Current Price: ~$120.9
Solana is currently trading around $121, with buyers attempting to maintain the recent bullish momentum. The most important short-term level is $123, because a clean breakout could confirm another upward move.
Key Resistance Levels:
$123
$128
$135
$140
Key Support Levels:
$118
$115
$110
$105
Technical Outlook:
SOL is currently holding above the $118 support zone. If buyers push the price above $123 with strong volume, the next potential targets are $128 and $135.
On the other hand, rejection from $123 followed by a breakdown below $118 could trigger a short-term correction toward $115 or even $110.
Prediction:
My short-term outlook remains bullish above $118. A confirmed breakout above $123 could create enough momentum for SOL to test the $128–$135 region.
Trade Idea:
🟢 Long above $123
🎯 TP1: $128
🎯 TP2: $132
🎯 TP3: $135
🛑 SL: Below $118.50
This is technical analysis, not financial advice. Trade with proper risk management$SOL
Current Price: ~$120.9
Solana is currently trading around $121, with buyers attempting to maintain the recent bullish momentum. The most important short-term level is $123, because a clean breakout could confirm another upward move.
Key Resistance Levels:
$123
$128
$135
$140
Key Support Levels:
$118
$115
$110
$105
Technical Outlook:
SOL is currently holding above the $118 support zone. If buyers push the price above $123 with strong volume, the next potential targets are $128 and $135.
On the other hand, rejection from $123 followed by a breakdown below $118 could trigger a short-term correction toward $115 or even $110.
Prediction:
My short-term outlook remains bullish above $118. A confirmed breakout above $123 could create enough momentum for SOL to test the $128–$135 region.
Trade Idea:
🟢 Long above $123
🎯 TP1: $128
🎯 TP2: $132
🎯 TP3: $135
🛑 SL: Below $118.50
This is technical analysis, not financial advice. Trade with proper risk management$SOL
