$SOL Facing Resistance, But Support Holds Near $145 — What’s Next?

#solana ($SOL) is currently trading at $145.49, showing a slight daily decline of 0.80%, as the market experiences short-term hesitation. Over the past 24 hours, the price has fluctuated between a high of $147.33 and a low of $141.97, reflecting modest volatility within a narrowing range.

The 24-hour trading volume remains strong, with approximately 1.65 million SOL exchanged, totaling around $238.81 million USDT, indicating steady interest despite the price dip.

From a technical perspective, the $SOL /USDT pair is moving within key price zones. Current depth data shows visible resistance building around the $151.19 and $157.38 levels, while buyers are defending support at $140.21 and $138.80. A breakout above $147.33 could open the door to testing the next major level near $151, while a drop below $141.97 might bring the $138 support into focus.

Solana remains one of the top-performing Layer 1 networks, with consistent network activity and strong developer engagement. While short-term price pressure exists, long-term fundamentals and on-chain growth continue to support bullish sentiment.

Traders are watching closely for a confirmed move either above $147.33 to regain upward momentum or a drop below the $142 zone to assess potential downside risk.

$SOL