$SOL is consolidating near $135 after failing to hold higher levels.
Resistance Stalemate: The price is trapped in a multi-day consolidation between $125 and $145. The $145 level remains the firm ceiling for bullish continuation.
Strong Support: Buyers are aggressively defending the $135 support area, which aligns with a significant trend line.
Ecosystem News: Recent announcements regarding deeper integration with major exchanges provide a bullish structural backdrop, but the price action is currently dominated by market-wide fear.
Action Point: Both major altcoins are showing signs of short-term exhaustion. Watch the ETH pair for signs of rotation back into altcoins. Until $BTC stabilizes, expect choppy, range-bound trading for $ETH and SOL
SOLUSDT
Perp
132.44
+0.50%
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