๐คน SOLโS HIGH-WIRE ACT: $148 Break = Rally Fuel? ๐ฅ
Solana $SOL is trading at a critical crossroads after bouncing from weekend lows! Hereโs whatโs unfolding:
โ Price Snapshot:
- Recovered 15% in 3 days โ now testing $144โ$148 resistance (key since May!).
- Trading at $143 (slight dip today).
โ๏ธ Why This Level Matters:
Analysts call this a "very delicate zone" (via AltCryptoGems):
- Hold $144? โ Could retest $187 (June highs) or even $204+.
- Lose $144? โ Risk retesting $125โ$130 support (weekend bounce zone).
๐ Technical Spotlight:
- Falling Wedge Pattern (1-month formation): Breakout = Bullish signal!
- $125โ$130 = Strong weekly support + aligns with key Fib level.
๐ฏ 2 Possible Paths:
1๏ธโฃ BREAK ABOVE $148:
โ Fast rally toward $187โ$204 (bullish momentum).
2๏ธโฃ FALL BELOW $144:
โ Pullback toward $125โ$130 (bear retest).
Key Levels to Watch:
๐ฅ Resistance: $148 โ $187
Support: $144 โ $130 โ $125
Traders are eyeing this tension! Will $SOL soar or retreat? ๐