Looking at SOL hanging around the $122.920000 level, a thought flashed through my mind— isn’t this the same old spot from the recent market rally? I wandered here for a while back then, and suddenly it shot up. Now that it’s back here, I have to admit, I’m a bit tempted to move.



Let’s clarify the technical aspects. SOL is currently in a consolidation phase, with the RSI indicator at 49.1, sitting right in the middle of the neutral zone, indicating that bulls and bears are still battling it out. There is a support level at $119.230000 below, and resistance at $126.610000 above. In my opinion, the real decisive point is at $125.380000— whether it can hold steady here will determine the next trend.

Here’s my plan: start with a small position to follow the trend, since the situation is still uncertain, with risks and opportunities on the table. Place a stop-loss just below $119.230000, a little distance away, so even if the market reverses, it won’t wipe out the entire position. The initial target is set at $126.610000; if it breaks through and moves higher, hold on and aim further up. But on the flip side, if it breaks below the support, it’s time to cut losses decisively— no holding onto hopes.

What do you all think?
SOL1,61%
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AirdropHarvestervip
· 13h ago
I agree with small positions, but I think I need to wait a bit longer at this level... I got trapped here once before, and the psychological shadow still lingers.
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BankruptcyArtistvip
· 13h ago
122 is really magical. It took off here last time, and now it's back again. Feels like destiny is looping.
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rug_connoisseurvip
· 14h ago
Trading with a small position is indeed stable, but I'm worried about a sudden plunge with no time to react.
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NFTHoardervip
· 14h ago
Entering with a small position is okay, but I think we should wait until it breaks 125 before acting, otherwise it's just gambling.
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