$SOL

SOL

123.92

+1.27%

/USDT — Short-Term Reversal Attempt

SOL is showing a clean bounce from the recent local bottom, with buyers stepping back in after a prolonged pullback. The sharp green candle suggests demand absorption near the 121–122 zone, and price is now reclaiming the mid-range. This looks more like a relief rally turning into a short-term reversal rather than a dead cat bounce, as long as SOL holds above key support.

Momentum is improving, but continuation depends on acceptance above 124. If this level holds, upside expansion toward the next resistance zones becomes likely.

Trade Setup: Long

Entry Zone: 122.5 – 124.0

Target 1: 126.5

Target 2: 129.0

Target 3: 132.0

Stop-Loss: 120.8

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