Solana Update:
$SOL recently dropped from around $148 and found support near $124–125. From that level, it bounced back and is currently trading around $127–128. This bounce is normal and does not indicate a trend reversal.
Right now, $SOL is in the middle zone, which is often where traders make mistakes:
127–128 → middle zone → not ideal for trading. Shorting here is risky, and buying has limited upside.
126.5 → short-term floor. As long as $SOL stays above this, small, quick long trades (scalps) are fine, but avoid holding for a big move.
129.5–131.5 → ceiling. If the price approaches this range and slows, it’s a good area to consider short trades.
Strategy:
Go long from 126.5 up to 129.5–131.5.
Then consider opening short positions in the 129.5–131.5 range.
Key reminder: Protect your capital first; profits come later. Trade patiently with clear levels in mind.
