📉 $SOL /USDT — Short-Term Consolidation After Drop

Solana is currently cooling down after a sharp intraday sell-off, with price compressing into a tight range. Volatility has slowed, suggesting the market is deciding its next move.

Current Price: $130.19

24H High: $133.66

24H Low: $129.40

24H Change: −2.00%

---

📊 15m Chart Structure

• Strong rejection from the $133.5 zone

• Sharp impulsive move down

• Price now ranging between $129.8 – $130.6

• No clear trend, only consolidation

This is pause behavior, not strength yet.

---

🔎 Key Levels to Watch

Immediate Support:

• $129.40 (day low)

• Below this, downside opens toward $127.8 – $126.5

Immediate Resistance:

• $130.80 – $131.20

• Break and hold above opens room to $132.5 – $133.6

---

🎯 Trade Scenarios

Bullish Case:

• Acceptance above $131

• Volume confirmation

• Targets: $132.5 → $133.6

Bearish Case:

• Clean breakdown below $129.4

• Weak bounce or rejection retest

• Targets: $127.8 → $126.5

---

💡 Market Read

SOL is neutral to slightly bearish in the short term.

No chase entries here.

Best trades come from:

• Range breakouts

• Clear retests

• Volume confirmation

Patience > prediction.

#SOL #SOLUSDT #Solana #CryptoTrading #BinanceSquare