$SOL Struggling Near Key Resistance — Rejection Still in Play
Short Trade Signal (Scalping):
Entry: 125.80 – 127.20
TP1: 123.50
TP2: 121.80
TP3: 118.50
SL: 129.80
Leverage: 20x–100x (risk-managed)
Open Trade in Future👇🏻
Spot Traders:
Spot buyers should remain patient. $SOL is still trading below major resistance and long-term averages. Better spot accumulation zones are closer to 118–112 if price dips deeper.
Why This Trade:
Solana attempted a recovery from the 122 support area but failed to sustain above the 125–126 zone. This level has acted as a strong supply area multiple times, and sellers continue to step in quickly on every push higher.
On the higher timeframe, Solana remains in a broader downtrend, trading below major resistance levels. The recent bounce looks corrective rather than a confirmed trend shift, with price showing weak follow-through after each upside attempt.
As long as $SOL stays below the 127–130 zone, downside continuation toward lower support levels remains the higher-probability scenario.
Support Zones:
• 123.50 – 121.80 (intraday support)
• 118.50 – 112.00 (major structure support)
Resistance Zones:
• 125.80 – 127.20 (local supply)
• 130.00 – 135.00 (major rejection zone)
Manage risk carefully, avoid over-leverage, and secure profits step by step as targets hit.