⭐Let's break down $SOL for today 👇
📈Conservatively: wait for a pullback to 120–123 + confirmation of volume/bullish candle; 🛑SL just below 118; 🎯TP1 140, TP2 155 (take profits partially).
📈Aggressively: partial entry now holding around EMA with tight 🛑SL ≈118 and averaging down when holding >130.
📉Short (risky): upon confirmed breakout of 120 with volume; 🛑SL ≈142; 🎯TP1 115, TP2 100.
🧠Scenario
- After a local decline, the price returned to the sideways/slightly ascending consolidation zone around EMA; volatility is moderate. Balance between bulls and bears — possible trial movements up to resistances or pullbacks to supports.
🔑Key levels
- Immediate support: 120–123
- Significant support: 110–115
- Nearest resistance (bounce): 135–140
- Strong resistance on reversal: 155–165
❗Triggers
- Bullish: confident close above 140 with increasing volume → target 155–165.
- Bearish: breakout and consolidation below 120 with volume → target 110–115, then 95–100 with increasing pressure.
❗❗❗Risks
- Sharp news/liquidity can change the structure.
