SOL Holds $125-$130 Monthly Level as Multi-Year Price Structure Tightens

⬤ Solana has returned to a decisive long-term technical level, with SOL trading directly around the $125 to $130 zone that has historically determined whether price remains structurally stable or shifts into prolonged downside conditions. This horizontal level has repeatedly influenced Solana’s major price swings over multiple years.

⬤ The long-term monthly chart dating back to 2021 shows SOL’s journey from cycle highs through a deep 2022 decline, followed by broad base formation and strong recovery. Price pushed back toward the same level that previously acted as support before turning into resistance. In 2025, SOL briefly moved above this line in what the chart marks as a false breakout, reinforcing the importance of this $125-$130 area.

⬤ SOL is now testing this zone again with visible price compression, suggesting mounting pressure. Unlike the earlier failed move higher, the current test may carry greater significance as multiple years of trading activity converge here. Historically, sustained trading below this line led to extended downside phases, while holding above allowed price to stabilize or recover.

⬤ Monthly support and resistance levels often shape broader market direction across crypto. Solana’s reaction at this level may influence expectations around trend durability not only for SOL but across the wider altcoin market, potentially defining whether the current structure holds or transitions into another extended adjustment phase.