$SOL is trying to breathe again here.

After that sharp drop toward the 116 area, buyers stepped in hard and pushed price back up. That bounce was not weak. It showed real demand. Now SOL is trading around 125 to 126 and moving sideways on the 4H timeframe.

This zone feels important.

Price is holding above the recent higher low, which tells me sellers are losing strength. The candles are tight and calm, usually a sign the market is deciding its next move. As long as SOL stays above the 123 to 122 support area, the structure remains safe.

If buyers get control and we see a clean push above 128 to 130, the door opens again toward the 133 to 135 zone. That previous rejection high is still in play.

But if price loses 123, then we can see another test toward 120. That level matters a lot because it was the base of the last strong bounce.

Right now this is patience time.

I’m not seeing panic anymore. I’m seeing balance. If volume comes back on the upside, SOL can surprise fast. This kind of quiet usually comes before movement.

Watch the levels. Let the market show its hand.

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