$SOL Is trading around 125.6 and holding its ground after a clean push higher. Buyers stepped in near 124.3 earlier and lifted price without much resistance. When price reached the 126 area, sellers showed up, but the pullback was shallow and quickly absorbed, which tells me demand is still in control. The 125.0 to 125.2 zone is being respected as support. Sellers tried to push price back below that area but failed to get acceptance. Price is now rotating just under recent highs, which looks like consolidation rather than rejection. This move is happening because supply around 124 was cleared and buyers are comfortable holding higher prices. There is no aggressive selling into strength, which keeps the structure intact.
Trade plan Entry range: 125.0 to 125.6 Stop loss: 124.3 Take profit 1: 126.0 Take profit 2: 127.8 Take profit 3: 130.0
As long as SOL holds above the 125 support zone, the bias remains bullish and continuation toward higher levels stays likely. A clean loss of that support would shift control back to sellers.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bias: Bullish, steady
$SOL Is trading around 125.6 and holding its ground after a clean push higher. Buyers stepped in near 124.3 earlier and lifted price without much resistance. When price reached the 126 area, sellers showed up, but the pullback was shallow and quickly absorbed, which tells me demand is still in control.
The 125.0 to 125.2 zone is being respected as support. Sellers tried to push price back below that area but failed to get acceptance. Price is now rotating just under recent highs, which looks like consolidation rather than rejection.
This move is happening because supply around 124 was cleared and buyers are comfortable holding higher prices. There is no aggressive selling into strength, which keeps the structure intact.
Trade plan
Entry range: 125.0 to 125.6
Stop loss: 124.3
Take profit 1: 126.0
Take profit 2: 127.8
Take profit 3: 130.0
As long as SOL holds above the 125 support zone, the bias remains bullish and continuation toward higher levels stays likely. A clean loss of that support would shift control back to sellers.
#DrHan2025YearEndOpenLetter
#My2026FirstPost
#CryptoMarketPrediction
#BitcoinGoldBattle
#ETFLeveragedTokenTradingCarnival