Eyes on Solana at the Critical Support Zone: Close Monitoring of the $131–$126 Range

Solana (SOL) has entered a phase of increased downward pressure as its price approaches a strong support zone between $131 and $126. This area overlaps with the 0.618–0.665 Fibonacci retracement levels known as the 'Golden Pocket' in technical analysis and stands out as a decisive point for a potential trend reversal.

If the bulls fail to defend this level, the next target for the price may be $117. Technical indicators show that downside momentum is gaining strength and that buyers are retreating in the market.

Technical Outlook: Selling Pressure is Increasing, Bullish Signals are Weak

According to the analysis of MacroVision Research, it appears that Solana is struggling to respond upward and that price movements have generally remained weak. The sharp pullback from $188 revealed strong selling pressure and that the bulls could not build enough support at resistance levels.

The price making consecutively lower peaks and the lack of bullish divergence in fundamental indicators such as RSI and MACD indicates that the current bearish trend is continuing. According to experts, expecting a strong recovery without a permanent break above $153 at this stage would be optimistic.

Support – Resistance Map: The Balance Struggle Between $117 and $153

If the $126 support is broken downwards, the price of Solana is likely to decline to the $117 level. This level also coincides with the descending trend line and is considered a longer-term support. A decline to this point could put SOL into a longer-term bear market.

On the other hand, if a strong bounce comes from the current 'Golden Pocket' area, the $153 level will emerge as the first target. If it breaks above this level, the next resistances are lined up at $170 and $188. However, for this scenario to materialize, there needs to be a significant increase in trading volume and bullish reversals in momentum indicators — which are not currently present.

What Should Investors Do? Uncertainty Continues

The prevailing picture in the market indicates that a cautious approach is more appropriate. The $131–$126 range may be the last bastion for the bulls. Protecting this level could bring renewed buying interest to the market; however, if it breaks, volatility may sharply increase due to the triggering of sell orders.

Experts emphasize the importance of closely monitoring price movements and changes in trading volume that will occur in this area. Particularly during such periods of uncertainty, it is critical for investors to adopt an effective risk management strategy.


PLEASE READ CAREFULLY FOR A $10 GIFT FOR 170 PEOPLE.

Friends who have not yet activated the futures trading section will earn $10 when they activate it by entering my reference code 88623008. The first 170 people will benefit from this reward.

I AM EXPLAINING IN DETAIL.

My brothers who registered to Binance without a referral, please listen carefully;

You will earn 10 USDT when you do what I say in order.

Enter your application to the Futures section,

On the next screen, enter the REFERRAL CODE section and open your account by entering the code 88623008,

Brothers who want to receive a reward of 10 USDT by completing this transaction by April 10 can do so. After that, it will be sufficient to have a trading volume of $30 after activating your account. However, even if you do this transaction after April 10, your reward will not be granted. Therefore, I recommend you to handle it within 5 seconds.

THE SYSTEM WORKS ON A FIRST COME, FIRST SERVED BASIS. THEREFORE, DO NOT BE LATE TO CLAIM YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.

PLEASE READ CAREFULLY FOR A $3,300 GIFT.

Friends, as broadcasters, you know we do everything we can for you. We communicate the services and opportunities provided to us by our authorities to you. I have never withheld my support for the cryptocurrency market and you; on the contrary, I strive to provide more support.

Now I will explain how to claim your gift. First, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain how to activate it in detail and simply.

So who can benefit?

Friends who have not yet activated the futures section can activate it while opening the FUTURES section by entering my reference code 88623008. It is an easy process. I have shown where it is below.