$SOL Knockin’ on Resistance’s Door: Breakout Ahead or Rejection Coming?
$SOL is currently priced at $129.27, down -0.52% on the day. After a solid recovery from the $127 zone, it’s now pressing against a strong resistance around $130. If bulls push through this ceiling, it could open doors for the next leg higher.
Key Levels to Watch:
• Resistance: $130.00 – A clean breakout may fuel a run toward $132.00 and $134.00.
• Support: $128.50 – Losing this level might drag SOL back to $127.00 or lower.
Trade Setup – Pressure is Building
• Bullish Entry: Break above $130.00
• Target 1: $132.00
• Target 2: $134.00
• Bearish Entry: Drop below $128.50
• Target 1: $127.00
• Target 2: $125.50
Stop-Loss: For longs, consider below $128.80; for shorts, above $130.20.
Keep this pair on your radar—volatility looks ready to strike.