Solana flushed all the way down to $119 and immediately snapped back above $123. That move cleaned out late longs and rebuilt bullish structure in one shot.

EMAs are starting to curl up again which usually signals the start of a new trend leg. Buyers are clearly active.

EP: at $122 – $124

TP: $128 → $134 → $142

SL: below $119.50

$SOL is setting higher lows again. Any pullback into $122 is a gift in this structure.

SOL
SOLUSDT
126.88
-0.07%