$SOL /USDT – Bearish Move Expected

Current Price: 122.76 USDT (-2.87% 24h)

24h High / Low: 126.63 / 122.16

24h Volume: 304.55M USDT / 2.45M SOL

Trade Setup:

Entry Range: 122.50 – 123.50

Target 1: 120.00

Target 2: 118.50

Target 3: 117.00

Stop Loss (SL): 126.00

Analysis:

$SOL/USDT is showing bearish pressure after failing to hold above 126.63.

Immediate support is around 122.00 – 122.16, with the next major floor near 120.00.

Resistance lies at 124.00 – 126.00, and any recovery toward this zone could face selling pressure.

The short-term trend favors sellers, but watch volume for confirmation of continuation.

Short Outlook:

If $SOL/USDT fails to hold 122.00, price may continue downward toward 120.00 – 118.50, testing key support levels.

A strong bounce above 126.00 could invalidate the bearish outlook and push toward 128.00 – 130.00.

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