$SOL
Solana’s SOL token is trading near $120–$130, showing pressure around key support levels with technical indicators signaling cautious sentiment as price stalls below resistance. Recent sessions saw failed attempts to push above ~$128–$130, with consolidation around crucial demand zones. �
Analytics Insight +1
📊 Technical Outlook
Short-term: Price is under technical pressure with MACD showing bearish tendencies and RSI in neutral to weak ranges, suggesting the risk of further down-moves if support breaks (~$121–$123). �
#SolanaStrong BanklessTimes
Support & Resistance: Immediate support sits near $120–$123, while resistance must be reclaimed above $145–$150 to shift momentum. �
Blockchain News
Consolidation: SOL is in a cautious phase with traders watching key levels for clarity — either a bounce from support or deeper retracement if sellers dominate. �
MEXC Blog
📈 Bullish Factors
Moderate rebound potential: Some analysts see a technical recovery toward ~$150–$175 if momentum builds and key resistance is breached. �
Blockchain News
Institutional interest: ETF flows and on-chain innovations could help improve sentiment and bring renewed demand. �
BeInCrypto
📉 Bearish Risks
Price downtrend pressure: SOL recently experienced a significant drop and network activity waning has contributed to bearish signals. �
Pintu
Liquidity & selling pressure: Analysts note continued selling pressure and weak demand could push SOL lower if $120 fails. �