$SOL — Analysis & Trade Plan 📉:

SOLUSDT

Prep

123.86

-1.38%

$SOL faced a sharp rejection from the 129 supply zone and dumped aggressively, sweeping liquidity down to 120.4. Momentum is bearish short term, with sellers in control after the impulsive breakdown.

🔴 SHORT (Primary Setup)

• Entry: 123.5 – 125.0 (pullback zone)

• TP1: 121.0

• TP2: 119.5

• SL: 127.0

🟢 LONG (Only on confirmation)

• Entry: Above 126.8 hold

• TP1: 128.8

• TP2: 131.0

• SL: 124.9

Strong bearish displacement confirms distribution from the highs. As long as price stays below 126–127, rallies are sell opportunities; reclaiming that zone flips bias back to bullish.