$SOL just reclaimed a key horizontal level after a sharp intraday sell-off toward 125.40, forming a clean demand zone on the 1h chart. Price bounced with decent volume, but is now stalling below the 128–129 resistance zone, hinting at indecision and possible range-bound behavior short-term.
The structure shows an attempt at recovery, but the failure to break 129.00 cleanly may trigger another sweep toward the 126.00–125.50 liquidity pocket before bulls can regain full control. If the level holds, upside momentum can resume into prior highs.
Fear & Greed Index hovers in neutral territory, giving room for volatility spikes either way.
Trade Setup (Long)
Entry Range: 127.60 – 127.90
Target 1: 129.00
Target 2: 133.40
Target 3: 134.20
Stop Loss: 125.45
SOLUSDT
Perp
128.47
-0.28%