$SOL /USDT – Pullback Testing Key Support at
$124.00
Solana is down 5.85%, currently trading at $124.07, slipping below its mid-range after facing rejection near the $134.45 24h high. With a 24h low of $123.49 and trading volume of 3.51M SOL (~$451.83M USDT), bearish pressure is testing the demand zone. Order book shows stacked liquidity at $128.42 and $131.20, with buyers watching closely. Momentum on the 4H and 1D charts suggests consolidation near the $122–124 range could attract dip-buying if BTC stabilizes. A bounce from this zone targets $128.50 (T1), $131.50 (T2), and $136.00 (T3). A confirmed breakdown below $122.80 invalidates this setup.
Pro Tip: Watch for reversal signals near $123.50 with BTC strength....