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$SOL LONG UPDATE SUPPORT STILL HOLDING & BULLISH STRUCTURE IN PLAY 🚀
Current Price Action:
Solana is holding above key support and defending the demand zone after a pullback this base remains intact and the relief bounce setup is still valid as long as buyers continue to absorb selling pressure. Analysts note that SOL defending support zones like $119 $120 repeatedly can weaken sell momentum and lay groundwork for upside moves.
📈 Bullish Signals:
• The critical $119 $120 demand zone is holding sell volume fading near this band hints at seller exhaustion.
• Reclaiming higher levels like $123 $126 is key to fueling near-term bullish momentum.
• Support plays historically seen in this range have preceded relief rallies in past SOL price action.
🔥 THRILLING SHORT POST:
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$SOL Support Still Holding! Buyers Defending Critical Zone 💪
Despite the pullback, SOL is respecting its key support area and refusing to crack a clear sign that sellers aren’t dominating here. Volume fading near the lows and repeated tests of demand show buy side absorption, not capitulation.
📈 Structure Intact Relief Bounce Still Alive:
🟢 Entry zone holding setup remains valid
🎯 Target 1: 125.5
🎯 Target 2: 129.0
🎯 Target 3: 134.0
🛑 Stop Loss: Respect your risk if support fails
As long as SOL stays above the demand base, the upside scenario stays in play this is a patience phase, not panic. Let the trade develop and stay disciplined! 📊🔥
#SOL #CryptoTrading
#ReliefBounce Not financial advice for educational/analytical purposes only