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$SOL is holding firm above its medium-term support after absorbing recent volatility. Price action shows controlled pullbacks with no aggressive follow-through from sellers, indicating that downside liquidity is being absorbed. The structure remains constructive as long as price stays above the prior base.
Support: 121.5 – 118.8
Resistance: 127.8 – 132.0
Entry Point (EP): 122.5 – 124.0
Ideal on shallow dips into support.
Targets:
TP1: 127.8 – local resistance
TP2: 132.0 – breakout continuation
TP3: 138.5 – expansion if momentum strengthens
Stop Loss (SL): 116.9
Below structural support.
Outlook:
Holding above 121 keeps $SOL biased upward. A clean break above 128 could shift price into acceleration mode rather than range rotation.$SOL