💚💚💚$SOL BREAKOUT OR PULLBACK?? Is Testing the Cliff—Will $129 Hold or Give Way??
$SOL is currently trading at $129.46, up just +0.72%, but the price action says otherwise.. After rejecting hard from the $134.45 high, it has slipped into a downtrend and is now pressing on critical support.. Volume is at 3.33M, and order book stats are sharply skewed with 71.26% sellers, signaling rising bearish pressure.. Key Levels to Watch • Immediate Resistance=$131.50 • Immediate Support= $127.70 Trade Setup – High Stakes at This Zone Bullish Scenario If $SOL breaks back above $131.50 • TP1=$133.00 • TP2=$134.50 Bearish Scenario If $127.70 breaks down • TP1=$125.30 • TP2= $122.00 Stop-Loss • Long SL= $127.60 • Short SL= $131.70 .Watch closely—this level will not hold for long without strong buyer intervention..
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💚💚💚$SOL BREAKOUT OR PULLBACK?? Is Testing the Cliff—Will $129 Hold or Give Way??
$SOL is currently trading at $129.46, up just +0.72%, but the price action says otherwise.. After rejecting hard from the $134.45 high, it has slipped into a downtrend and is now pressing on critical support.. Volume is at 3.33M, and order book stats are sharply skewed with 71.26% sellers, signaling rising bearish pressure..
Key Levels to Watch
• Immediate Resistance=$131.50
• Immediate Support= $127.70
Trade Setup – High Stakes at This Zone
Bullish Scenario
If $SOL breaks back above $131.50
• TP1=$133.00
• TP2=$134.50
Bearish Scenario
If $127.70 breaks down
• TP1=$125.30
• TP2= $122.00
Stop-Loss
• Long SL= $127.60
• Short SL= $131.70
.Watch closely—this level will not hold for long without strong buyer intervention..