$SOL /USDT – Support Base Formation

SOL

124.5

-0.61%

Entry Zone

122.50 – 124.00

Targets

TP1: 126.50

TP2: 128.80

TP3: 130.00

Stop-Loss

120.90

Analysis

$SOL saw a sharp rejection from the 130 area, followed by a controlled pullback into the 122–123 support zone. Price is now consolidating, suggesting sellers are losing strength and buyers are absorbing supply at this level.

This area has acted as a reaction base, making it a key decision zone. Stability above 122 keeps the recovery structure intact.

Outlook

A clean hold above support can trigger a rebound toward 126–130. Failure to defend 120.9 would invalidate the setup and expose further downside. #sol