Last Friday, Solana broke below the key support level of $130, and the current quote is around $127, down about 5% in the past 24 hours. From a technical perspective, the short-term pattern appears quite weak—price is fully below the main moving averages, and the MACD indicator shows no signs of improvement, continuously oscillating below the zero line, indicating that the downward momentum remains quite strong.

Looking at the recent 24-hour trend, Solana is likely to continue its weak consolidation. The resistance is mainly concentrated in the $129-$132 range, with a stronger resistance around $135. Support levels are at $124-$126; if these cannot hold, the price may further decline toward $120-$122. Interestingly, the RSI has entered the oversold zone, which technically suggests a rebound is needed, but no clear trend reversal signals have been observed yet, so the current outlook remains bearish.

In terms of trading strategy, given the high volatility, risk management should be prioritized—control your position size and leverage carefully. If the price rebounds to the $129-$132 resistance zone and shows signs of stagnation, consider a small short position; conversely, if the price falls to the $124-$126 support zone and shows signs of stabilization, you can gradually build a position, but be sure to set stop-loss orders. Reminder: the crypto market is highly volatile, with daily swings potentially exceeding 10%, so caution is advised in investing.