Solana (SOL) Analysis - December 11, 2025
Price Context: Solana (SOL) is currently trading around $131.25 USD, having experienced a moderate correction in the last 24 hours, in line with the cautious sentiment in the cryptocurrency market.
Key Technical Analysis:
Dominant Sentiment: Technical indicators (RSI, MACD, and Moving Averages) suggest strong selling pressure on intraday and daily timeframes, placing SOL within a medium-term downtrend channel.
Crucial Range: The price has been confined within a crucial range defined by a resistance of $145 and a key support in the $125 - $130 area.
Levels to Watch:
Critical Support: The $125-$130 zone is vital. A decisive break below this level would confirm the bearish trend and indicate a possible move towards lower supports.
Resistance: To reverse the current trend, SOL must surpass the resistance of $145 and consolidate above it.
Summary: Today, SOL's price action is showing bearish consolidation. Attention is focused on defending the $125 - $130 support, as a loss of this range could intensify selling pressure.$SOL
