SOL is trading around 132.73 after rejecting the 133.99 level, and the 15m chart shows a clean shift into short term consolidation. The break attempt above 134 ran into a thick liquidity block, where sellers quickly absorbed momentum and forced price back toward the moving average cluster around 133.
Price is now sitting below the MA10 and MA30, with all three short term averages starting to flatten. That signals a pause in trend strength rather than a full reversal. Volume has been tapering on the move down, which suggests the pullback is driven by normal rotation rather than liquidation flows or whale sized exits. Funding across perps remains balanced, confirming leverage is not amplifying the current move.
Liquidity behavior remains tight. The 131.80 to 132.20 area is the key support where buyers stepped in earlier, and it continues to act as the base of the intraday structure. As long as SOL holds above that zone, the market keeps potential for another push toward the 134 region. A breakdown below 131.80 would shift the short term bias toward caution and open a path toward deeper support. Momentum signals remain soft but not bearish. MACD is flat near zero, matching the sideways moving averages and balanced volume profile. This is typically the kind of setup that precedes either a clean breakout or a decisive fade depending on which side takes control of liquidity first.
For now, SOL is in a neutral consolidation phase with stable order flow and no aggressive selling pressure. A reclaim of 133.50 with rising volume would give buyers the upper hand again, while losing the lower support range would hand control to sellers. The next directional move will emerge once this compression resolves. $SOL #JoinGrowthPointsDrawToWiniPhone17 #DecemberMarketOutlook #PostonSquaretoEarn$50 #LINKETFToLaunch
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SOL is trading around 132.73 after rejecting the 133.99 level, and the 15m chart shows a clean shift into short term consolidation. The break attempt above 134 ran into a thick liquidity block, where sellers quickly absorbed momentum and forced price back toward the moving average cluster around 133.
Price is now sitting below the MA10 and MA30, with all three short term averages starting to flatten. That signals a pause in trend strength rather than a full reversal. Volume has been tapering on the move down, which suggests the pullback is driven by normal rotation rather than liquidation flows or whale sized exits. Funding across perps remains balanced, confirming leverage is not amplifying the current move.
Liquidity behavior remains tight. The 131.80 to 132.20 area is the key support where buyers stepped in earlier, and it continues to act as the base of the intraday structure. As long as SOL holds above that zone, the market keeps potential for another push toward the 134 region. A breakdown below 131.80 would shift the short term bias toward caution and open a path toward deeper support.
Momentum signals remain soft but not bearish. MACD is flat near zero, matching the sideways moving averages and balanced volume profile. This is typically the kind of setup that precedes either a clean breakout or a decisive fade depending on which side takes control of liquidity first.
For now, SOL is in a neutral consolidation phase with stable order flow and no aggressive selling pressure. A reclaim of 133.50 with rising volume would give buyers the upper hand again, while losing the lower support range would hand control to sellers. The next directional move will emerge once this compression resolves.
$SOL #JoinGrowthPointsDrawToWiniPhone17
#DecemberMarketOutlook
#PostonSquaretoEarn$50
#LINKETFToLaunch