SOL/USDT – Short Trade Setup

$SOL is trading around $127, holding a key demand zone after the recent pullback from $134. Price is stabilizing above short-term support ($124–125), while buyers are stepping in on dips — a classic buy-the-dip structure.

Market & News Context

$SOL ecosystem activity remains strong (DeFi, NFTs, memecoins, high TPS usage).

Network stability has improved significantly, restoring trader confidence.

Institutional and developer interest keeps SOL among the top L1s by volume and usage.

Technical Outlook

Support: $124 – $125

Resistance: $130 → $134

A clean break above $130 can trigger momentum toward $138–145.

Below $124, short-term weakness may extend, but structure still favors recovery.

Trade Idea

Scalpers: Buy near support, target $129–130.

Swing traders: Accumulate above $125, hold for $138+.

Risk is clearly defined, reward favors upside.

Momentum is rebuilding — SOL looks ready for the next leg if BTC stays stable.

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