$SOL /USDT – 15m Market Snapshot
SOL is trading at 122.33 USDT, up +0.91% on the day, after printing a high at 123.46 and a low at 120.63. Price was rejected from the 123.40–123.46 supply zone and is now pulling back into the mid-range near 122.2, where short-term buyers are attempting to stabilize the move.
Market Structure
The 15-minute chart shows a failed continuation above 123, followed by a sequence of lower highs and a mild bearish correction. Volume spiked on the drop, suggesting distribution from the top rather than aggressive trend reversal.
Key Levels
Resistance: 122.85 – 123.40
Support: 122.00 – 121.90, then major at 120.63
Bias
Holding above 122.0 keeps SOL in a corrective pullback with recovery potential toward 123+. A sustained 15m close below 121.90 would likely send price back toward the 120.6 demand zone.
