$SOL /USDT – Strong Rebound After $101.26 Low, Testing Resistance
SOL/USDT is trading at $117.11, up +2.09% as it continues a steady recovery from its recent low of $101.26. After surging to $121.00 and facing rejection, SOL pulled back but has since rebounded with strength, forming higher lows on the 1H chart and now approaching minor resistance near $117.64.
The current price structure suggests a possible continuation if SOL breaks above the $118 level with volume support. Holding above $113.30 is key for bulls to maintain control, while a push past $121 would open up more upside potential.
Long Trade Signal:
Entry Zone: $116.50 – $117.30
Target 1: $120.00
Target 2: $122.50
Final Target: $125.00
Stop Loss: $113.00
Watch for confirmation above $118 with strong candle closes. A breakout here may trigger a retest of recent highs and potentially lead into a broader bullish move.
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