SOL/USDT – Structural analysis and key levels after the breakout
In recent days, SOL/USDT has shown a strong reaction from the low around 124.3, generating a bullish impulse that has brought the price above the short-term averages. This movement created an initial breakout, but the market is not accelerating: instead, it is consolidating, a typical signal of a decision phase and not immediate continuation.
From a structural point of view, the price is now above the equilibrium zone, but below a key resistance, which is why talking about an 'automatic' long is premature without confirmations.
The initial breakout needs one fundamental thing: to hold the broken level as support. Without this step, the market does not build trends but only temporary extensions. Currently, the price is consolidating above 129.5, with volatility compressing and indicators showing a lack of directional aggression.
RSI in neutral-high area - strength present but not explosive
Flat MACD - market waiting for a catalyst
Compact candles - balance between buyers and sellers
This behavior is consistent with a phase of accumulation or distribution, which will only be resolved with a decisive breakout.
Bullish scenario (probabilistic, not guaranteed):
1H close above 132.17, followed by a retest that holds as support. In this case, the market would confirm the acceptance of the breakout and could seek extensions upward.
Breakout failure scenario:
Loss of the 129.5–129.0 area with a return below the averages. This signal would indicate a lack of real demand and increase the likelihood of a return towards 124.3 or lower structural zones.
The underlying bias may appear bullish, but the market does not follow opinions; it follows levels. At this stage, the priority is not to anticipate the movement but to wait for confirmation: either the breakout is accepted, or it is rejected. Until then, risk management and patience remain the only true operational advantage.
