$SOL Setting Up for a Big Move?
$SOL has been grinding inside a descending channel for a while, but things are getting interesting down here at the lower trendline.
Price has hit a major demand zone around $120–122 — exactly where buyers have defended strongly before. This looks like classic accumulation after shaking out weak hands. Sellers seem exhausted, and support is holding firm.
If volume picks up on the buy side, a clean breakout to the upside feels very likely. The setup offers solid risk-reward, especially for spot holders.
Bullish Trade Idea:
Buy zone: $120 – $122
Target 1: $126
Target 2: $130
Target 3: $135+
Stop-loss: $117.8
Patience required — but if this level holds, $SOL could launch fast.
Spot folks: accumulating here could pay off big on the next impulse.
What’s your take on $SOL? Ready to bounce or more consolidation ahead? 👇
