It retreats after reaching $134 - Is this just a pause before the next rise?
After rising to $134.11, $SOL has now retreated to $128.86 - a classic pullback after a strong rise from the $119 area. This decline may seem like a hurdle, but it's also a perfect opportunity for a smart entry before another rise.
Quick summary:
Lowest price in 24 hours: $123.02
Highest price in 24 hours: $134.11
Current price: $128.86
Volume: 4.69 million $SOL traded
As buyers continue to hold higher levels and activity in volume persists, this pullback may just be a healthy breathing period before another breakout attempt.
Watch these areas:
Support: $125.00
Bounce point: $128.00
Next upward targets (if momentum returns): $133.50, $137.20, $141.00
The bulls haven't disappeared - they're just catching their breath. Eyes are on how SOL reacts around $128-$125 - that's where the next movement will be determined.
Buy and trade here on $SOL #BinanceSafetyInsights