SOL took a quick drop after touching 126.55 earlier, sliding down to 123.32 before a small recovery back near 124+. Market is cooling down but still holding inside its range. This is only my personal view, not financial advice. 🔹 1H View (Short-Term) Sharp pullback from 126.55 Strong bounce from 123.32 Holding above 124 keeps short-term stability Break above 125 could try to push again Losing 123.50 may open a deeper dip 🔹 4H View (Mid-Term) Trend still correcting after last push Resistance forming around 126 – 126.5 Support remains at 123 – 123.5 Clean breakout above 126.5 needed for strength Below 123 = more downside room 🔹 My Simple Expectation If SOL stays above 124, it may slowly climb back toward 125–126. But breaking 123 could extend the correction.
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$SOL SOL/USDT Market Update
SOL took a quick drop after touching 126.55 earlier, sliding down to 123.32 before a small recovery back near 124+. Market is cooling down but still holding inside its range.
This is only my personal view, not financial advice.
🔹 1H View (Short-Term)
Sharp pullback from 126.55
Strong bounce from 123.32
Holding above 124 keeps short-term stability
Break above 125 could try to push again
Losing 123.50 may open a deeper dip
🔹 4H View (Mid-Term)
Trend still correcting after last push
Resistance forming around 126 – 126.5
Support remains at 123 – 123.5
Clean breakout above 126.5 needed for strength
Below 123 = more downside room
🔹 My Simple Expectation
If SOL stays above 124, it may slowly climb back toward 125–126.
But breaking 123 could extend the correction.