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$SOL Market Breakdown
Current Price: ~$122.9
Key State: Failed breakout, rotating lower
SOL longs wiped at $123.44 indicate rejection from the upper range.
Support Zones:
$120 psychological
$116 strong demand zone
Resistance Zones:
$126 immediate
$134 macro resistance
Market Insight:
SOL volatility is contracting. Liquidity hunts both sides before a decisive move.
Sentiment:
Neutral to slightly bearish short-term
Targets:
$120 first
$116 if momentum builds
Next Move:
Watch $120 closely. Reaction here defines the next trend.
$SOL #StocksatAllTimeHigh #2025GateYearEndSummary