$SOL — Market Update
$SOL has experienced a very sharp sell-off in a short period of time. After such an aggressive move, the market usually pauses and moves into a consolidation phase before the next clear direction.
Current View$SOL
• Strong bearish impulse just completed
• Price is stabilizing near the 122 area
• Short-term consolidation is likely before continuation or recovery
Key Levels
Support: 122.0 – 121.5
Resistance: 124.5 – 126.5
Trade Plan
Long scenario (only after confirmation):
Entry above 122.5 with holding strength
Targets: 124.5 → 126.0
Stop-loss: below 121.5
Short scenario (trend continuation):
If price breaks and holds below 122.0
Targets: 120.5 → 118.0
Stop-loss: above 123.2
Overall trend remains bearish on lower time frames.
Wait for consolidation to complete before entering. Discipline first.