The Solana (SOL) price is now sitting on a level that really matters, and a slip from here could send it lower. Analyst Ali says SOL needs to stay steady above support if it wants to avoid dropping into the next zone.

SOL is trading around the $135 area, but the chart shows the real line in the sand sits at $124. If that level breaks, the next stops could be $115 and even $106, based on the levels Ali highlighted.

What the SOL Chart Shows

Ali’s chart tracks the Solana price recent swings between $128 and $144, with several failed attempts to stay above $140. 

Every move higher has been met with quick selling, and the lower highs now show momentum fading. The price keeps returning toward the mid-$120 area, which has acted as support more than once.

That support is exactly why Ali marks $124 as the crucial zone. It’s the level where buyers stepped in earlier, stopping the drop and sending the SOL price back toward $138. If that reaction doesn’t happen again, the chart opens up a clear path toward lower levels.

Source: X/Ali

However, Ali points to $115 as the first target if $124 fails. That area lines up with earlier consolidation zones and sits right above a larger demand level near $106. 

Both of those levels were marked with arrows in his chart, showing where the next buying interest may appear if Solana loses its current footing.

This setup gives the SOL price a simple roadmap: stay above $124 and hold the range, or break below it and slide into deeper support zones.

Read Also: How High Could SUI Price Go? Fresh Demand Zone Suggests the Bull Move Isn’t Over Yet

Solana Price Short-Term Outlook

For now, SOL is still hovering close to the danger zone. If buyers manage to defend $124 again, the SOL price could rebound and retest the $138–$144 range. 

But if the market weakens , or if selling pressure builds the way it did earlier this week, the drop toward $115 becomes much more likely.

Ali’s message is straightforward: the entire short-term trend depends on $124. Hold it, and the chart stabilizes. Lose it, and the SOL price next move is almost certainly lower.

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The post Here’s What Must Happen to Solana (SOL) Price to Avoid a Sharp Pullback appeared first on CaptainAltcoin.