🔹 Asset: SOL/USDT

🔹 Timeframe: 1 hour

🔹 Expiry time: 12 hours

📊 Forecast: probable downward correction with potential for stabilization

🔍 Chart analysis:

The chart shows a rapid growth of $SOL with the subsequent formation of a local maximum near $133–$135. After reaching the peak, a cooling phase began - the price gradually slides down with signs of decreasing volumes and weakening buyers. The formation resembles a classic “exhaustion candle”, which usually indicates a change in momentum or entry into a consolidation phase.

📉 Technical signals:

- BBP indicator is declining — buyers are losing control

- Candlestick formations after the peak indicate pressure from sellers

- Possible correction levels: $127, $123 and key support zone — $120

- Return above $132 is possible only with the restoration of demand

📰 Solana news:

In recent weeks, the Solana network has been under pressure due to the increasing number of abuses with the launch of memecoins. In parallel, the unlocking of large volumes of SOL also led to a temporary load on the market. Against this background, investors have become more cautious. At the same time, developers are announcing new solutions designed to reduce spam transactions and stabilize the ecosystem.

📌 Summary:

Given the local overbought, decreasing volumes and weakness of indicators, a price decrease is expected within the next 12 hours. Potentially, the price can test the $125–$127 levels. If volume appears at these levels, a rebound is possible. Otherwise, further movement towards $120.

🔻 Recommendation: SHORT with a take of $125. Alternatively, watch the $127 zone for a rebound.