$SOL /USDT – CAUTIOUS BULLISH WITH POTENTIAL PULLBACK 🔹
$SOL is showing mixed signals after a recent dip from its 24h high of 127.20 USDT. Price is currently trading around 122.63 USDT, slightly above short-term MA(7) at 122.35 and MA(25) at 121.12, but still below the longer-term MA(99) at 123.40. Momentum is neutral-to-bullish, suggesting the market may attempt a retest of resistance near 125 USDT, though shallow pullbacks to support zones are likely before any significant continuation.
📊 TRADE SETUP
Entry Zone: 121.00 – 122.50 USDT (around MA support)
Take Profit Targets:
TP1: 124.50 USDT
TP2: 126.50 USDT (strong resistance retest)
Stop Loss: 119.50 USDT (below key MA(25) support)
🔹 MARKET OUTLOOK
Momentum: Short-term bullish with room for a rebound, but weak compared to previous highs.
Trend: Sideways-to-uptrend; watch for MA(99) breach above 123.40 to confirm stronger bullish continuation.
Key Levels: Support 121.00 – 122.50, Resistance 124.50 – 126.50
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#BullishSetup