$SOL SOL/USDT Market Analysis Based on Data:

Current Situation: #sol

· Price: $122.48 (-1.33%)

· Price below the middle Bollinger band 124.60 → Short bearish trend

· Key Levels:

· Resistance: 124.60 ← 128.08

· Support: 121.13 ← 120.63

· Indicators:

· RSI: 39.53 (Almost oversold ← may bounce back soon)

· STOCHRSI: 22.70 (similar)

· News: Upexi $1B deposit with SEC ← may be a positive catalyst.

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🎯 My Trading Plan:

1️⃣ Buy Scenario (Main):

· Entry: at 121.50–122.00 (upon confirmation of a bullish candle + RSI rising above 40).

· Targets:

1. 124.60

2. 128.08

· Stop Loss: 119.50 (below strong support).

2️⃣ Sell Scenario (if support fails):

· Entry: if it breaks below 121.13 and closes below it.

· Targets:

1. 120.00

2. 118.50

· Stop Loss: above 124.60.

3️⃣ Bullish Breakout Scenario:

· Entry: if it breaks above 124.60 and closes above it.

· Targets: 128.08 ← 130.00.

· Stop Loss: 123.00.

Immediate Recommendation:

Wait near 121.13–122.00 to buy with confirmation of a rebound (RSI rising above 40 + green candle).

If support breaks ← switch to a sell trade.

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