#SOLPriceAnalysis Solana (SOL) has experienced significant volatility recently, testing important support and resistance levels. Currently, SOL is hovering around $140–$145, after rebounding from its $130 support zone.
Key Technical Observations:
- Support Levels: $130, $125 — crucial for maintaining bullish momentum. A drop below $125 might trigger further declines.
- Resistance Levels: $150, $155 — SOL needs to surpass $150 to regain its upward trajectory and attract more buyers.
- Moving Averages: SOL is trading slightly above its 50-day moving average but facing resistance at the 200-day