Solana is one of the stronger structures in this group. After sweeping liquidity down to 119.15 price reversed sharply which shows strong demand at lower levels. The recovery was fast and decisive pushing price back above 122 and now stabilizing near 123.01. This behavior signals institutional style buying rather than retail noise. The previous high at 124.39 is the key short term resistance. Consolidation below this level is healthy and often precedes continuation. As long as price holds above 121.70 to 120.90 the bullish structure remains intact. Losing that zone would shift momentum but for now Solana continues to show leadership strength compared to the rest of the market.
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$SOL USDT Long Market View
Solana is one of the stronger structures in this group. After sweeping liquidity down to 119.15 price reversed sharply which shows strong demand at lower levels. The recovery was fast and decisive pushing price back above 122 and now stabilizing near 123.01. This behavior signals institutional style buying rather than retail noise. The previous high at 124.39 is the key short term resistance. Consolidation below this level is healthy and often precedes continuation. As long as price holds above 121.70 to 120.90 the bullish structure remains intact. Losing that zone would shift momentum but for now Solana continues to show leadership strength compared to the rest of the market.