REALITY CHECK — $SOL STRUCTURE STILL HOLDS, NO DAMAGE ABOVE SUPPORT
Trading Plan — LONG $SOL
Entry: 124 – 130
SL: 118
TP1: 145
TP2: 165
TP3: 170 – 190
Analysis
$SOL continues to respect the major 120 support zone, which keeps the higher-timeframe structure intact 🚨 As long as price stays above this level, the market favors stabilization and relief bounces, not immediate breakdowns.
This is a bounce-play, not a trend reversal. Momentum is corrective, and the upside is expected to form a lower high into heavy supply. The 170–190 zone remains the area where sellers are likely to step back in aggressively ⚡
Invalidate: a clean close below 118 — support fails, long thesis off.
Structure unchanged. Trade the reaction, not the narrative.
SOLUSDT
Perp
125.3
+0.24%