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$SOL SOL – Short Market View
SOL saw a sharp drop recently and is now trying to stabilize. Price bounced from the lower zone and is moving sideways, which usually means the market is deciding the next move.
Key levels
Support area: 129–130
Near resistance: 135–136
Current structure: Recovery phase after a strong sell-off
Multi-timeframe view
1H: Selling pressure slowed down. Price is forming a base and holding above the recent low.
4H: Trend is still weak overall, but as long as support holds, downside looks limited for now.
Momentum insight Momentum was deeply negative and is now flattening. This often signals selling exhaustion. Buyers are cautious but active near support.
Possible scenarios
Holding above support → slow move toward 135+
Rejection near resistance → range between 130–134
Losing support → another test of lower levels
This is my personal market view based on price action and momentum, not financial advice. Market conditions can change fast, so always manage risk and trade responsibly 📊