$SOL is undergoing a healthy correction after the recent rally. Pullbacks like this are necessary—they allow the market to reset, flush weak positions, and prepare for the next move higher. I’m watching this zone closely because it could serve as a strong base for the continuation of the uptrend.
Trade Setup:
Entry Zone: $120.00 – $121.20
Target 1: $124.50
Target 2: $127.80
Stop Loss: $118.50
This zone is strong because it aligns with a previous support area where buyers stepped in during the last swing low. It also coincides with the 0.618 Fibonacci retracement of the prior move, making it a key reaction area. I’m seeing them building strength here—if this level holds, $SOL is likely to regain momentum and test higher targets.

