#SolanaUSTD SOL/USDT 1H Analysis 📊
SOL is currently trading around $120.88, consolidating just above the $119.69 support while forming lower highs under the descending trendline.
🔹 Support: $119.69–$120
🔹 Major Support: $114.50–$115.50
🔸 Resistance: $122–$123
🔸 Major Resistance: $125.63
📈 Bullish scenario: A clean 1H close above $123 could trigger a move toward $125.63.
📉 Bearish scenario: Losing $119.69 could bring $115 into focus.
🎯 Key level to watch: $123 breakout / $119.69 breakdown
SOL is currently trading around $120.88, consolidating just above the $119.69 support while forming lower highs under the descending trendline.
🔹 Support: $119.69–$120
🔹 Major Support: $114.50–$115.50
🔸 Resistance: $122–$123
🔸 Major Resistance: $125.63
📈 Bullish scenario: A clean 1H close above $123 could trigger a move toward $125.63.
📉 Bearish scenario: Losing $119.69 could bring $115 into focus.
🎯 Key level to watch: $123 breakout / $119.69 breakdown
