Technical analysis by Thecantillonreport about Symbol SOL on 1/3/2026

$131.67 | 4H Chart Current State: - Price: $131 - AVWAP: ~$135 - POC: $125-$135 - Recent low: $118 Volume Profile: Heavy accumulation (yellow bars) at $125-$135. This is the Point of Control where the most trading occurred during the November-December consolidation. Thin volume above $135 up to $150 = Low resistance if we break out Thin volume below $118 = Air pocket if we break down The Setup: We're at a critical juncture: **Resistance:** - $135 - AVWAP (regime change level) - $150 - Previous support turned resistance - $165 - Major POC from October **Support:** - $125 - Bottom of current POC - $118 - Recent low, must hold - $110 - Next major support if $118 fails Trade Scenarios: **Breakout Play (Long):** IF: Close above $135 on 4H THEN: Enter $136-$138 Target: $150 Stop: $128 R:R = 2:1 **Breakdown Play (Short):** IF: Break below $125 with volume THEN: Enter short $123-$125 Target: $118, then $110 Stop: $132 R:R = 2:1 **Current Price ($131):** Dead zone. No edge. Wait for confirmation. Risk Management: Don't size up until we see directional conviction. Alts are volatile. A 10% bounce can turn into a 20% dump overnight. Use stops. Always. --- What's your SOL setup? 👇 #Solana #TradingSetup #Crypto