$SOL

as of January 27, 2026 (~10:30 AM UTC / 4:30 PM +06, Dhaka time)

Current Price: ~$123.70 - $124.00 (aggregated from CoinMarketCap ~$123.80, CoinGecko ~$123.75, TradingView ~$123.70; up ~1.3% in last 24h after dipping to ~$122).

Recent Trend: Short-term rebound from $118-120 support zone, but overall bearish pressure persists (below key MAs, death cross on longer frames). Neutral to weak momentum—holding above $120 is positive, but resistance at $130-135 caps upside. High volatility with memecoin activity on Solana providing some floor.

This is a major altcoin—volatile, influenced by BTC/market sentiment. Not financial advice—DYOR, manage risk strictly.

Suggested Spot/Low-Leverage Trading Setup (Conservative)

Strategy: Buy on support hold / Weak rebound play (wait for confirmation above $125 for strength).
Buy Entry: $123 - $124 (current levels/support retest; enter if holds above $122).
Alternative Buy: On breakout above $128 (confirms short-term upside shift).
Take Profit Levels (scale out):
TP1: $128 (+3-4% from entry) — partial sell, near-term resistance.
TP2: $132 (+6-7%).
TP3: $135-$140 (+9-13%) — if stronger momentum (previous highs).

Stop Loss: $119 (below recent lows/support; ~4-5% risk from $124 entry).
Risk/Reward: ~1:2.5+ (risk 4-5% for potential 10%+ gain).
Timeframe: Short-term (hours to days); monitor BTC correlation and volume for breakout.

Why this call?

Support at $120-122 has held multiple times recently, with rebound signals.
Fundamentals mixed: Strong on-chain (high users/staking), but price detached and bearish technically (strong sell signals on some indicators).
Risk of drop to $100-118 if broader market weakens—tight SL essential.

Watch for catalysts like Solana ecosystem news or BTC move above $70K. Use TradingView/exchange charts for real-time. Crypto is high-risk—position size small!