$SOL Trade Plan:

Entry: 122–123 (pullback into resistance)

Stop Loss: Above 123.8–124

Targets: 120 → 118 → 117

After a strong bearish impulse, price bounced from the 117–118 support zone but the recovery remains weak. The current price action is forming a consolidation near the previous support, which has now turned into a resistance area around 122–123.

Multiple candles show upper wicks, indicating selling pressure and rejection from this zone. There is no strong bullish volume to support a trend reversal, so the market structure still favors the downside.