As of January 21, the SOL price is approximately $128.63. In the past week, it has fallen by 9.3%, and in the last 24 hours, it has dropped by 3.8%, currently in a clear correction phase.
From a technical perspective, the overall trend is neutral to slightly weak. The key support levels are in the $120-$125 range, with resistance above at $132-$135. In the short term (about 4 weeks), it is highly likely to fluctuate within the broad range of $120-$140, lacking a clear direction.
If it can stabilize and break through the resistance above, there is a chance to continue upward toward higher targets of $150-$162. However, two risk points should be noted: first, the correlation effect with BTC, as its movement often drives the overall market rhythm; second, market sentiment fluctuations, as panic spreading can accelerate declines.
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ProbablyNothing
· 23h ago
It dropped again... SOL has been quite volatile this time
Waiting for the bottom at 120, see if I can scoop it up
No matter how BTC moves, we're all brothers, to be honest
This range-bound fluctuation is really annoying, can't do anything
If it can't break 132, don't even think about reaching 150, be realistic
Emotions are the most terrifying thing, a panic and everything is ruined
Feels like we need to go back to 110
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AllInAlice
· 23h ago
SOL has dropped again. This back-and-forth trading really is exhausting.
Wait, if BTC dumps again, can SOL hold up?
Those who bought the dip at 128 are now at a loss... Forget it, just hold on.
Can the 120 support really hold? Feels a bit shaky.
Can it really hit 150? Should I believe or get caught in the trap?
This decline is only 9.3% in a week, I’m starting to feel overwhelmed.
Four weeks of oscillating within the range... Alright, maybe I should try other coins.
People say that spreading panic can accelerate the decline. So, when is the right time now?
To those who bought at 128.63, is our fate already sealed?
Waiting to see BTC’s move—these days are really tough.
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ForkThisDAO
· 01-21 03:43
Sol is starting to mess around again. How long will the fluctuation in the 120-140 range last?
When Bitcoin moves, everything moves with it. It's really annoying.
It keeps falling, and no one knows when it will rise. This market is crazy.
Waiting for it to break 150, anyway, it's just a matter of time.
Market sentiment can't be controlled; once panic sets in, it's all over.
Lost quite a bit again this week. Let's see if I can hold on to 120.
As of January 21, the SOL price is approximately $128.63. In the past week, it has fallen by 9.3%, and in the last 24 hours, it has dropped by 3.8%, currently in a clear correction phase.
From a technical perspective, the overall trend is neutral to slightly weak. The key support levels are in the $120-$125 range, with resistance above at $132-$135. In the short term (about 4 weeks), it is highly likely to fluctuate within the broad range of $120-$140, lacking a clear direction.
If it can stabilize and break through the resistance above, there is a chance to continue upward toward higher targets of $150-$162. However, two risk points should be noted: first, the correlation effect with BTC, as its movement often drives the overall market rhythm; second, market sentiment fluctuations, as panic spreading can accelerate declines.