🚨 Solana Plunges — Is This the Final Dip Before a Major Support Rebound? 💥

Solana ($SOL ) is now testing a critical demand zone between $145 and $147, raising the question — is this the final dip before bulls step in? This level holds strong significance: roughly 13 million SOL tokens were previously accumulated here. When a large number of holders share the same cost basis, any price retest tends to provoke strong market reactions.

Just above, the $155–$157 zone also stands out, with 31 million tokens purchased around that range, making it a likely resistance level on any bounce. Similarly, $164–$166 remains another key resistance area, with 29 million SOL held by buyers.

Investor psychology plays a critical role here. When a price level is retested from above, holders often view the dip as a chance to “buy the dip” or protect their profitable positions, contributing to fresh buying pressure. On the flip side, when a level is tested from below, it can trigger panic selling — underwater holders rushing to exit as soon as they break even, fearing any brief recovery is temporary.

Currently, SOL is retesting the $145–$147 level from above, which may activate buying from past investors who see this as a support level worth defending. If the bounce materializes, keep your eyes on the $155–$157 range — this could be the next critical resistance zone and an early indicator of trend reversal.

In short: this is a pivotal moment for Solana. Whether this test leads to a rebound or deeper losses may depend on how strongly buyers defend this high-stakes demand zone. 📉🔁📈

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