#DecemberMarketOutlook SOL/USDT at critical support: time for a rebound or a pause before the rally?
The current price of SOL is $131.71 (-2.51%), reflecting a general correction in the market. However, the technical picture indicates approaching a key level where the next significant wave may be determined.
Key Bollinger levels:
· Resistance (UB): $144.64
· Middle line (BOLL): $136.04
· Support (LB): $127.45 ✅
The price is in the lower part of the channel, testing the zone $130.34–$127.45. Holding this level has historically often preceded strong upward movements.
Volumes and momentum:
· SOL