$SOL /USDT – LONG CONFIGURATION (Binance)
Market Context:
SOL is consolidating above a strong intraday support zone after bouncing from the 125 area. The price holding near demand indicates potential further growth if support remains unchanged.
📌 Entry Zone for Buying
Entry: 120.80 – 121.50
🎯 Targets
Target 1: 123.10
Target 2: 124.50
Target 3: 125.60
❌ Stop-Loss
Stop-Loss: 119.90 (below key support & liquidity zone)
🔑 Key Levels
Immediate Support: 120.00 – 120.80
Key Support: 118.80
Immediate Resistance: 123.10
Key Resistance / Breakout Zone: 124.50 – 125.60
📊 Forecast
As long as support at 120.00 holds, SOL is likely to attempt a move back to resistance at 124–125. A clean breakout and hold above 125.60 could open up space for further growth. Failure to hold 120 will negate this setup.
Risk Management: always use the proper position size and respect stop-loss.
Not financial advice. Trade safely.
