$SOL /USDT Is Trying To Build a Base After the Pullback
Solana is trading around 123.99 after tagging 122.16, and the chart is showing signs of slow stabilization. The trend is still under pressure, but the selling intensity has clearly cooled down.
Short EMAs are flattening, which usually happens when the market is looking for direction. Volume is lighter, meaning the aggressive move down is losing momentum.
Key levels I’m watching:
Support: 122.20 – 121.80
Resistance: 124.70 and 126.60
A clean break above 124.70 can give SOL some breathing room again.
Right now SOL is in a patience zone. Not weak enough to panic, not strong enough to call a breakout. It’s simply preparing for the next move.
Let’s see which side takes control.
#sol #BinanceAlphaAlert #cryptotrading #SOLUSDT #MarketUpdate
