SOL/USDT Technical Snapshot

Current Price: 125.67 USDT (-3.06%)

24H Range: 124.68 – 134.41

Price Action: Trading near daily low – signs of bearish pressure building.

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Order Book Insights:

Bid/Ask Ratio: 50.79% Bids vs 49.21% Asks → Slight bullish bias, but no clear dominance.

Immediate Support: 125.63–125.67

Next Major Support: 120.71–115.75

Resistance Levels:

125.68–125.72 (thick asks)

130.64–135.60 (strong supply zone)

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Volume & Momentum:

24H Volume: $3.10B – High, but largely driven by sellers.

Price action remains under pressure unless bulls reclaim 126+.

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Scenarios to Watch:

1. Bullish Rebound:

Bounce from 125.63 may push price to 126–130.

Break above 130.64 could target 134.41.

Look for: Rising RSI + stronger bid walls.

2. Bearish Continuation:

Drop below 125.63 → test 124.68, then possibly 120.71.

Watch for: Heavy ask liquidity + increasing sell volume.

3. Sideways Move:

Consolidation likely between 125.63–126 until breakout.

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Trade Ideas:

Scalp Strategy:

Long near 125.63–125.67, target 126.50

Stop-loss: 125.50

Swing Play:

Long above 126 (target: 130+)

Short below 124.68 (target: 120.71)

Risk Tip:

High volatility zone – stay cautious with leverage!

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