Solana ($SOL ) – Short Technical View
Solana $SOL is showing a clear bullish structure, but momentum is starting to cool near resistance. Price has reclaimed and is holding above the $130 level, which now acts as a key support. SOL is trading above the 20, 50, and 100 EMAs, and higher lows above $125 suggest buyers are in control.
The broader trend looks healthy after breaking the descending trendline, signaling a possible trend reversal. RSI and MACD still favor the upside, showing buying strength without clear exhaustion yet. Rising development activity also adds confidence from a long-term perspective.
On the flip side, recent candles show some hesitation after a strong rally. Major resistance sits around $144–$145. A clean break above this zone could push SOL toward $150–$160, while rejection here may lead to short-term consolidation.
Overall: Trend remains bullish, but price is at a decision zone. Waiting for either a confirmed breakout or a solid support hold is the safer approach.
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