SOL Key Support at 120, Breaking It May Lead to Significant Correction
The $120 level for SOL is a strong support. Once it breaks, it may trigger a deep correction. Market sentiment often builds momentum, and once broken, the rebound strength may gradually weaken.
The current strategy can focus on positioning long positions around 127 to capture the rebound potential.
Entry Point: $128
Upward Target: $150
Downward Defense: $120
It is important to note that the stronger the expectation of a breakdown, if the support holds, the rebound strength may exceed expectations. Be sure to set stop-loss orders and respond flexibly to market changes! 🚀