$SOL is holding a key support zone at 120–124 and looks prepared for a bounce. On the H4 timeframe, price is reacting positively from this area with multiple bullish rejection candles, suggesting buyers are stepping in. As long as this support holds, upside continuation remains likely toward higher resistance levels. The setup is invalidated if price breaks below 118.
Long Setup – $SOL
Entry: 120–124
Stop Loss: 118
Targets: 128 → 135 → 142
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ETH
2,951.06
+0.43%
SOL
123.59
+1.17%