The post Eyes on $126 for a Major Long Setup appeared on BitcoinEthereumNews.com. Key Insights: SOL retests key demand zone after breakout; traders eye $126 for potential low-risk entries. A trendline breakout above $130 may confirm a bullish reversal if the demand zone holds. RSI near 43 shows weakness, but setup remains valid if support holds and confirms strength. SOL Breakout Alert: Eyes on $126 for a Major Long Setup Solana (SOL) was trading at $129.53 with a 24-hour volume of $4.48 billion. The price is down nearly 2% in the past day and has dropped more than 8% over the last week. Price Returns to Demand Zone Trader Oxion noted that SOL has broken out of a previous consolidation range and is now pulling back into a zone between $126.2 and $128.1. This level matches past support and areas of high activity, making it a spot where traders are watching for a possible bounce. 🟢 $SOL | LONGPrice broke out of the consolidation block and is now pulling back into the demand zone.My long area remains 126.2 – 128.1, aligned with previous value and liquidity.Waiting for a clean retest of the zone before entering.No chasing, only reactive entries.#SOL pic.twitter.com/h1K0TNhFoS — OXion (@Oxion_X) November 24, 2025 “My long area remains 126.2 – 128.1… Waiting for a clean retest of the zone before entering. No chasing, only reactive entries,” he said. The trader isn’t entering early but wants to see price confirm support before taking action. The RSI sits around 43, showing some weakness but not yet at oversold levels. Trendline Break is Key A separate chart shared by trader1sz shows SOL pressing against a descending trendline after weeks of lower highs. The price is also testing horizontal support near $129. A potential reversal setup is forming if this trendline is reclaimed with strength. he wrote, “$SOL at key support. Ideal trigger plan is… The post Eyes on $126 for a Major Long Setup appeared on BitcoinEthereumNews.com. Key Insights: SOL retests key demand zone after breakout; traders eye $126 for potential low-risk entries. A trendline breakout above $130 may confirm a bullish reversal if the demand zone holds. RSI near 43 shows weakness, but setup remains valid if support holds and confirms strength. SOL Breakout Alert: Eyes on $126 for a Major Long Setup Solana (SOL) was trading at $129.53 with a 24-hour volume of $4.48 billion. The price is down nearly 2% in the past day and has dropped more than 8% over the last week. Price Returns to Demand Zone Trader Oxion noted that SOL has broken out of a previous consolidation range and is now pulling back into a zone between $126.2 and $128.1. This level matches past support and areas of high activity, making it a spot where traders are watching for a possible bounce. 🟢 $SOL | LONGPrice broke out of the consolidation block and is now pulling back into the demand zone.My long area remains 126.2 – 128.1, aligned with previous value and liquidity.Waiting for a clean retest of the zone before entering.No chasing, only reactive entries.#SOL pic.twitter.com/h1K0TNhFoS — OXion (@Oxion_X) November 24, 2025 “My long area remains 126.2 – 128.1… Waiting for a clean retest of the zone before entering. No chasing, only reactive entries,” he said. The trader isn’t entering early but wants to see price confirm support before taking action. The RSI sits around 43, showing some weakness but not yet at oversold levels. Trendline Break is Key A separate chart shared by trader1sz shows SOL pressing against a descending trendline after weeks of lower highs. The price is also testing horizontal support near $129. A potential reversal setup is forming if this trendline is reclaimed with strength. he wrote, “$SOL at key support. Ideal trigger plan is…