#Solana Faces Critical Support at $145; Breakdown Could Lead to $142
Solana ($SOL ) is currently trading at $147.77, experiencing a 5.77% decline over the past 24 hours. The price has fluctuated between $145.77 and $153.54 during the day. This recent downturn follows a failed attempt to reclaim the $180 resistance level, leading to a pullback toward key support zones.
The 50-day EMA is currently around $140, providing additional support. A sustained close below the $145 level could signal a deeper correction, potentially targeting the $142 support zone.
Conversely, if SOL manages to hold above the $145 level and breaks through the $153 resistance, it could pave the way for a recovery toward the $160 range.
Key Levels to Watch:
Support: $145 (near-term) and $142 (critical support)
Resistance: $153 (immediate) and $160 (next target)
