# **Technical Analysis: SOL/USDT (Live Market Update)**
**Current Price:** **125.67 USDT** (**-3.06%** decline)
- **Mark Price:** **125.67 USDT** (aligned with last price, no significant divergence).
- **24-Hour Range:** **124.68 (Low) – 134.41 (High)** → Price hovering near the **daily low**, signaling **bearish dominance**.
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### **Key Market Indicators & Observations**
#### **1. Order Book & Liquidity Analysis**
- **Bid/Ask Distribution:** **50.79% Bids vs. 49.21% Asks** → Marginal buying interest but no clear dominance.
- **Critical Support Levels (Bid Zones):**
- Immediate support at **125.63-125.67** (defensive bids).
- Stronger demand zone at **120.71-115.75** (fallback level if breakdown occurs).
- **Key Resistance Levels (Ask Zones):**
- Immediate supply at **125.68-125.72** (local resistance).
- Next barrier at **130.64-135.60** (aligned with 24H high rejection).
#### **2. Volume & Trend Confirmation**
- **24-Hour Trading Volume:** **$3.10B** → High liquidity but dominated by selling pressure.
- **Price Position:** Near **24H low (124.68)** → Bears in control unless **126+** is reclaimed.
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### **Price Action Scenarios & Projections**
#### **1. Bullish Reversal (If Support Holds)**
- **Scenario:** Holding **125.63-125.67** may trigger a rebound toward **126-130**.
- **Breakout Confirmation:**
- Sustained move above **130.64** could retest **134.41** (24H high).
- RSI rising above **50** and increasing bid depth.
#### **2. Bearish Continuation (If Support Fails)**
- **Scenario:** Breakdown below **125.63** opens path to **124.68** (24H low).
- **Next Targets:**
- **120.71** (psychological support) if **124.68** breaks.
- **Confirmation:** Rising sell volume and ask liquidity.
#### **3. Sideways Consolidation (Range-Bound)**
- **Scenario:** Choppy trading between **125.63-126** until a breakout occurs.
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### **Trading Strategy Recommendations**
#### **Short-Term (Scalping)**
- **Entry:** Buy near **125.63-125.67** (support zone).
- **Target:** **126-126.50** (quick profit-taking).
- **Stop-Loss:** **125.50** (tight risk management).
#### **Swing Trading (Breakout Focus)**
- **Long Setup:** Wait for confirmed break above **126**, targeting **130**.
- **Short Setup:** Breakdown below **124.68** targets **120.71**.
# **Risk Advisory**
- Avoid over-leverage due to **elevated volatility**.
- Monitor **real-time order flow** for sudden shifts.
