The $SOL /USDT is showing a notable recovery on the one-hour time frame after clearly breaking through the main demand area. The price has successfully reclaimed the range of $118–$119, reflecting a strong return of buyers and a shift in momentum in their favor.

Technically, the price is making higher lows, which is a positive signal supporting the continuation of the upward trend in the near term, as long as the price remains trading above current support levels.

Trading Settings:

Entry Area: $117 – $119

Targets:

First Target: $122

Second Target: $126

Third Target: $132

Main Support: $115

Resistance: $122 – $126

Stop Loss: $113

Conclusion:

The bullish scenario remains likely as long as the price maintains stability above the demand area, where the current momentum supports the possibility of extending the movement towards higher levels.

$SOL

SOLUSDT

Perp

103.89

-10.77%