$SOL is defending a critical technical zone at 130.80 and the price is showing clear signs of a bounce. This is not price chasing: it is entry by structure.
🧠 Market Reading
🔹 Zone 130–131 = major support + previous demand 🔹 The selling lost strength → bearish pressure exhausted 🔹 The price leaves lower wicks → active buyers
👉 When SOL does not break strong support, it bounces quickly.
📊 Technical Signals • 4H: clean rejection from support • 1H: base formed + equal lows • Momentum: RSI coming out of oversold • Structure: possible intraday reversal