🔥 $SOL Imminent Drop? 🐻

Entry: $122.50 – $123.00Target 1: $121.00Target 2: $120.00Target 3: $118.50Stop Loss: $125.50$SOL is facing serious headwinds. After failing to break through $124-$126 resistance, the price is down almost 1% today, currently at $122.74. Key support at $120.63 is now under threat. 📉 Volume is moderate, suggesting traders are hesitant. A break below $120 could send $SOL spiraling towards $118 – $117. Watch for a potential bounce to $124, but the overall outlook remains bearish unless the bulls can confidently retake $126.

#SOLana #CryptoTrading #TechnicalAnalysis 🐻‍❄️

SOLUSDT

Perp

122.85

-1.27%