Solana ($SOL ) – Under Pressure, Poised for a Move 🚨
SOL has dipped to $133, teetering below its key $135 support as global markets reel from growing macro and geopolitical stress.
📉 Technical Picture
🔻 Support: $132–$135 (critical zone)
🔼 Resistance: $152–$165
📊 RSI ~40 | MACD cooling | Volatility brewing
🌍 What’s Weighing on SOL?
🇮🇱🇮🇷 Israel–Iran conflict escalation adds serious global risk pushing investors to de-risk across all asset classes
-Rate uncertainty + Middle East tensions = weaker crypto appetite
-Still, Solana is no slouch: $1B+ in Q2 revenue, with HSBC & BoA exploring tokenization via SOL-backed R3 network
🧭 Next Key Moves
Bullish breakout: Above $152 → momentum toward $165–$180
Bearish scenario: Below $132 → eyes on $120–$125
⚠️ Watch for global headlines.
💡 Bottom Line: Fundamentals remain strong, but $SOL won’t rally until the world calms down. This is a waiting game for the brave and the patient.
Accumulating SOL at major support watching for breakout.
DYOR.
