š $SOL /USDT ā Volatility After Expansion
SOL recently experienced a strong impulsive move, followed by a sharp rejection from higher levels. Price is now stabilizing, indicating a cool-off phase after aggressive volatility.
š¹ Market Relevance
Solana remains one of the most actively traded L1 assets. Sudden expansions followed by fast pullbacks usually signal profit booking and short-term uncertainty, not trend failure.
š¹ Technical Structure
Recent High (Rejection): 144 ā 145
Current Range: 129 ā 136
Key Support: 129 ā 130
Immediate Resistance: 137 ā 140
The sharp drop from ~140 suggests supply dominance at higher levels, while buyers are defending the 129ā130 demand zone.
š¹ Price Behavior
Strong vertical push ā Liquidity grab
Fast rejection ā Distribution
Sideways movement ā Range formation
As long as SOL holds above 129, the structure remains neutral-to-stable.
š¹ Possible Scenarios
š¼ Recovery Scenario:
A reclaim and hold above 136ā138 could open room for another attempt toward 140+.
š½ Downside Risk:
A clean breakdown below 129 may expose lower demand zones and extend consolidation.
After speed comes balance.
Markets breathe before the next move
SOL is currently breathing, not breaking.
