📉 $SOL Price Action Update – What’s Next? 🔍
Solana is currently trading at $145.05, showing a subtle +0.03% move — but the technical indicators say more than what the green box shows.
🧠 Here's what the chart reveals:
$SOL is trading below all key moving averages (MA7, MA50, MA100) – a strong bearish signal.
Immediate resistance stands at $147, aligned with MA(50).
Support level recently touched: $143.96 – and a drop to $140 is possible if the downtrend continues.
If bulls push SOL above $147, we could see a relief rally towards $150.
⚠️ For now, the market sentiment stays cautiously bearish unless $SOL breaks out above $147 with volume.
📊 Traders, stay alert — watch that $143 support zone closely or wait for confirmation above $147 for safer entries.