$SOL ETHBTC/USDC is trading near 122.8 after a short pullback, and the structure still looks constructive on the lower timeframe. Price dipped toward the 120.6 area, swept liquidity, and bounced quickly, showing buyers are still active below. On the 15-minute chart, SOL is holding above the short-term moving averages, with MA(7) and MA(25) acting as dynamic support. The recovery toward 123.4 shows momentum is trying to rebuild, but sellers are also defending the upper range.

Volume remains moderate, suggesting this is more of a consolidation than a strong breakout move. MACD is slightly positive, pointing to mild bullish pressure, though not aggressive yet. The KDJ indicator is cooling from higher levels, which usually signals short-term consolidation before the next decision.

As long as SOL holds above the 121.5–122 support zone, the bias stays cautiously bullish, with a potential retest of 124–126. A clean break below 121 would weaken this structure and open room for a deeper pullback.

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