$SOL / USDT – This Is a Wait Zone 📊
SOL saw a strong sell-off from the 144 area and is now stabilizing around the 124–127 range. Price is still trading below the 20, 50, and 200 EMAs, which keeps overall pressure on the downside for now.
Buyers are defending this support, but there’s no clear strength yet to confirm a reversal. Because of that, this isn’t a good spot to chase longs — and shorting directly into support isn’t ideal either.
For now, the smart move is to wait.
• A clean break below 124 could lead to further downside
• A strong reclaim and hold above 130 may open the door for a short-term relief bounce
Until the market shows clear direction, patience matters. Protecting capital is also a position.
SOL
119.55
-5.99%