The drop to 132 is just a shakeout followed by a pull-up showing that SOL is testing liquidity. When the price does not return to test the bottom after a strong pump, it is always a signal of serious buying pressure. SOL is holding above 138 very steadily, not giving shorts a chance to push down. The structure is strongly leaning towards bulls with a series of higher lows and continuously small candle bodies.
If SOL breaks through 141.3, the liquidity gap above will accelerate the rise to 148 faster than many expect. The altcoin flow is warming up and SOL is often the name that runs before the wave spreads.
SOLUSDT
Perp
137.08
+3.16%