🔻 Solana Breaks Key Support — What’s Next for $SOL ?
Solana has officially broken below its crucial support level, raising concerns among short-term traders. The breakdown from the $140 zone has opened the door for further downside unless a quick recovery takes place.
📉 What Just Happened?
After holding strong for weeks, $SOL failed to defend the $140 support level amid broader market weakness. This move signals a shift in short-term sentiment, with bears now in control.
🧭 Key Levels to Watch:
• Next Support: $130 — if broken, eyes shift to $118
• Resistance Zone: $140–$145 — now turned into a supply zone
• Breakdown Confirmation: Daily close below $130 on high volume
⚠️ What to Look Out For:
If selling pressure continues and Bitcoin stays weak, Solana could revisit deeper demand zones. However, reclaiming $140 on strong volume would be a bullish reclaim signal.
📌 Strategy Tip:
Traders may wait for confirmation before entering. Catching a falling knife could be risky unless a solid reversal pattern forms.