$SOL /USDT is trading around 122.0 on the 4H timeframe, showing consolidation after a recovery from the recent dip. Price is holding above a short-term support zone, indicating that buyers are still active and a continuation move is possible if support remains intact.
Entry Zone:
121.5 – 120.0 (wait for price to hold or show bullish confirmation in this demand area)
Stop-Loss:
117.8 (below the recent swing low and key support to protect against a deeper pullback)
Take-Profit Targets:
TP1: 125.5 (near-term resistance and first profit-taking zone)
TP2: 129.0 (previous reaction area on the 4H chart)
TP3: 133.5 (extended upside target if momentum strengthens)
This setup favors a cautious bullish continuation as long as SOL holds above the entry zone. Consider taking partial profits at each target and moving the stop-loss to breakeven after TP1 is reached. Always manage risk carefully and avoid overexposure in volatile conditions.
