$SOL Crashes Toward Key Support — What’s Next?

Written by: NoriFtm | Binance Square Write to Earn

Date: April 28, 2025

Today has been brutal for Solana ($SOL) traders.

After tagging a high of $153.40, $SOL reversed sharply and plummeted to a low of around $148.35 — a rapid drop that caught many off guard.

Right now, $148.00 is acting as the final line of defense.

If this crucial support level breaks, the next major target sits down at $144.60.

Adding to the tension: the RSI (Relative Strength Index) has collapsed to 13.30, signaling that sol$ is deep into oversold territory.

A short-term bounce could easily happen if buyers step in here.

However, the bulls have work to do.

To regain any strength, $SOL needs to reclaim $150 quickly.

Otherwise, the selloff could accelerate even further in the hours ahead.

Stay sharp — the next few candles could be critical!

Follow me @NoriFtm for live market updates and insights.

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