🚀 $SOL (Solana) Short-Term Market Update

Current Price: ~$136.50 USD 📊 and showing a modest rise as recent trading shows strength returning to the price after sideways consolidation.

SOL has been holding above a key demand zone as buyers step in around the lower range, while broader crypto sentiment remains cautious but slightly optimistic. On-chain activity and whale accumulation have increased despite price lagging behind earlier momentum, indicating possible smart money positioning.

While bulls are defending support, overhead resistance near recent highs continues to temper a strong breakout attempt. If SOL can reclaim important resistance levels with volume behind it, stronger participation may follow.

📍 Entry Logic: Consider a position after a confirmed bounce off support or a clear breakout above recent resistance with solid volume.

🎯 Target: Nearest resistance cluster above the current price level.

❌ Stop-loss: Just below the demand/support zone you’re watching to protect against deeper pullbacks.

Short-term volatility remains, so manage risk and wait for clean price action confirmation before entering.

Not financial advice.

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