$SOL Long Liquidation Analysis
Current Price Zone: ~121.8
Liquidation Event: $18.55K longs wiped at 121.84
Key Market State
SOL continues to respect its broader range. Longs were caught leaning into resistance without confirmation.
Support Levels
Key support rests at 118.5, with deeper structural support near 115.2.
Resistance Levels
Immediate resistance at 124.6, followed by a major supply zone at 128.0.
Market Insight & Sentiment
Neutral to slightly bearish short term. SOL needs time to rebuild strength before another serious upside attempt.
Targets
Upside: 124.6 → 128.0
Downside: 118.5 → 115.2
Next Move
Range trading remains dominant. Patience pays here.
Pro Tip
SOL rewards traders who respect levels, not those who anticipate breakouts early.
SOL
124.97
+0.28%