Quick update, traders! $SOL

SOL
129.42
-2.61%
faced a sharp rejection from the 140 area and sold off aggressively, breaking below short-term EMAs. Price is now stabilizing near the 130 zone, showing early signs of a pause, but bulls still need a strong reclaim to regain control.
Support: 130 – 128
Resistance: 134 – 140
Momentum remains bearish — expect consolidation unless buyers step in with volume.