These past few days, I've been watching Solana's trend, and there are still some interesting points. The current price hovers around $123, with bullish momentum clearly dominant. The RSI reading is 51.9, indicating a moderate upward pace—not the kind of crazy surge or plunge, but a steady climb.



Looking at the candlestick chart, the technicals are quite intriguing. The $119.32 level has held up well, serving as an effective support. Moving upward, $125.47 is an important checkpoint. If the price can effectively break above this level, the next target naturally points to $126.70. Whether it breaks through or not will determine if the short-term trend continues upward or consolidates sideways. Honestly, such technical positions are often a matter of probability—no one can be 100% sure—but at least they provide a clear reference framework.

In terms of ecosystem development, Solana is indeed accelerating its iteration. DApps, NFT projects, and new protocol layers are emerging constantly, and community enthusiasm remains high. From a fundamental perspective, this is a positive signal—indicating that developers and capital are still flowing into this chain. However, the issue is that fundamentals are good, but market sentiment can change faster than anything else. When the overall market adjusts, even good ecosystems and development progress have to take a backseat. This is the norm in the crypto world; we need to get used to it.

Trading approach-wise, I lean towards entering a small position around $123, with a stop-loss set below the support level. The target above is $126.70. If the price can break down from this point, it shows that the bulls still have strength. Of course, this is based on the current situation; if the market changes, strategies must be adjusted accordingly. After all, no one can predict the future. Instead of rigidly sticking to one idea, it’s better to stay flexible.

Tired of watching the screen? Remember to take care of your health. The market is always there, but you only have one body.
SOL1,26%
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ProbablyNothingvip
· 5h ago
Sol is indeed stable this wave, but don't be fooled by $126.70. When the market suddenly turns, everything becomes meaningless. Flexibility is very important, but it's even more important not to obsess over the market; it's not worth damaging your health. How to break through the $125.47 barrier? It feels like we might be stuck here for a while. No matter how good the fundamentals are, we have to wait for the market sentiment to swing back; this is the real truth of the crypto world. Light positions are indeed prudent, but I'm just worried that once you get in, it might be a different story. The Sol ecosystem is really competitive, but we're just hoping for the price to go up. It's the hardest when support can't hold; only then will we know if the bulls have the strength.
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OnlyUpOnlyvip
· 5h ago
SOL is indeed stable this wave, 125 is a hurdle --- No matter how good the ecosystem is, it can't withstand a single sentence from the market. Nothing surprising anymore --- Enter with a small position, set a good stop-loss, it's that simple --- If 126.70 doesn't break above, we should withdraw --- Watching the market is really tiring, better get a good sleep, brother --- As long as the support level isn't broken, don't panic. The bulls are still alive --- To be honest, technical analysis is 50% luck, no one should boast --- Solana is now just betting whether developers are still willing to come --- Entering at 123 is actually pretty good, anyway there's nothing much to watch anymore --- If Bitcoin drops, everything is pointless. That's the reality --- If it can't go above 126.7, we'll just keep waiting. No rush anyway
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BearMarketNoodlervip
· 5h ago
Alright, buy in at $123 with a small position. This approach isn't problematic. The key is whether it can hold steady above $125. No matter how good the fundamentals are, they can't withstand a plunge in the market. That's just the nature of the crypto world; get used to it. Set strict stop-losses, don't be greedy.
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LiquidatedTwicevip
· 5h ago
Sol's steady upward trend this time does feel pretty good, but I always feel like it will get stuck at 125.47 Enter with a small position, stay flexible. This approach is correct, but in the crypto market, sentiment can change suddenly and no one can stop it Watching the market all the time is really tiring. It's better to rest for a few days Even if the Sol ecosystem becomes even more popular, a major market correction would make everything else pointless. I've already been through this trap If it can't break through $126.70, I feel like I need to wait a bit longer
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