SOL is currently hovering around $123.72, which is actually quite an interesting level—during the last major correction, I was also here. I didn't dare to act at that time, and as a result, I missed out on a wave later.

From a technical perspective, the RSI has already reached 43.2, clearly indicating oversold conditions, and market sentiment is indeed somewhat pessimistic. But if you look closely at the chart, you'll see that Solana's overall trend still points upward. This correction seems more like a consolidation phase rather than a major crash.

Support is at $120.01, resistance above is at $127.43, and the key breakout point is at $126.19.

My personal view is this—this current price is actually a good entry point. Instead of getting stuck at high levels, it's better to gradually add some positions when sentiment is low. After all, from the ecosystem development perspective, projects on the SOL chain are continuously increasing, and there's still a long-term story to tell.

How to operate specifically? Here's what I plan: start with a small test buy. If the price can hold above $125, then add more. Risk control is very important; I set my stop-loss at $120.01. Once it drops below this level, I will exit immediately, leaving no room for false hopes. As for profits, after breaking through $126.19, hold on to the position and consider taking partial profits above $130.

In short, what seems like a simple trade actually reflects respect for risk. I am genuinely interested in this move, but I will also stick to my plan diligently.

Key price levels overview:
• Support: $120.01
• Resistance: $127.43
• Breakout key: $126.19