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$SOL USDT – Volatility Shakeout Before Expansion?
SOL is trading around $121.8, down roughly -2.0% in the last 24h. Price recently swept liquidity near $120.5 and reacted fast, pushing back into the range. What we’re seeing now is tight consolidation after a bounce, which often acts as a base for the next directional move. On the lower timeframes, structure is still holding with buyers defending dips.
Trade Setup
• Entry Zone: 120.80 – 121.80
• Target 1 🎯: 123.00
• Target 2 🎯: 125.00
• Target 3 🎯: 128.50
• Stop Loss: 119.80
As long as SOL holds above the 120 support, the bias stays bullish. A clean reclaim of 123 with volume can trigger a sharp upside continuation and open the path toward the mid 120s and higher.
Let’s go $SOL