$SOL holding steady in this consolidation zone around $120–$140 while the broader market stays cautious.
Key levels to watch:
Resistance up top at $142–$145 and then the bigger one at $180–$200
Solid support down at $120–$130 that's held strong multiple times
Technically, we're building a base under resistance. A clean break higher could spark a quick move to mid-$150s and open the door for more upside.
Fundamentally, Solana keeps growing – strong DeFi and NFT activity, rising network usage, staking interest, and institutional flows all point to solid long-term potential.
Outlook:
Bullish case: momentum returns → targeting $180–$230, with $250+ possible in a stronger market
Bearish risk: drop below $120–$115 could lead to a deeper pullback
Volatility is part of the game with SOL. Not financial advice – always DYOR 👀
