- Crypto Tony anticipates Solana dropping to $122 before considering long positions.
- The trader will enter buys only upon seeing a bullish reaction at the lows.
- SOL is currently hovering around $123 amid ongoing market pressure and volatility.
Prominent crypto trader Crypto Tony (@CryptoTony__) has shared a fresh update on Solana (SOL/USD), signaling a cautious near-term outlook while highlighting a potential buying zone. In a post on X dated December 17, 2025, the analyst stated: “$SOL / $USD – Update. Awaiting a dip down to $122 and will look to long the lows upon a bullish reaction.
“Accompanying the update was a Trading View chart depicting a sharp downward move in Solana’s price action. The chart illustrates a breakdown below a key horizontal support near $133, followed by heavy selling pressure that pushed SOL to around $122.71 at the time of capture, marking a significant single-day drop of over $43. A drawn arrow points toward the $122 zone, emphasizing the anticipated target for further downside before any reversal.
Long Strategy: Bullish Reaction Confirmation
Solana is trading near $123, reflecting a roughly 4-5% daily decline and a broader correction from its recent highs above $250 earlier in the year. The layer-1 blockchain’s native token has faced headwinds, with network metrics showing reduced activity and the overall crypto market experiencing volatility. Crypto Tony’s strategy aligns with a common technical approach: waiting for liquidity sweeps at obvious support levels before entering counter-trend positions.
The $122 area appears to be a confluence of prior lows and potential buyer interest, making it a watched level among traders. Community responses to the post were mixed, with some agreeing on the dip target while others cautioned that widespread anticipation of $122 could lead to manipulation or front-running by larger players.
Risks and Community Sentiment Around the Call
This update comes at a pivotal moment for Solana, which has seen its market cap contract amid bearish sentiment. Analysts note risks of further downside if support fails, potentially toward lower zones, but a strong bounce at $122 could signal exhaustion in selling pressure.
Traders are advised to monitor volume and reversal candles closely. Crypto Tony’s insights often influence retail sentiment, and this call underscores the importance of patience in volatile markets. Whether Solana holds the line or extends the correction remains to be seen.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
