Solana $SOL , once the most promising altcoin of the cycle, is now now trading at a fragile equilibrium ⚖
📉 After losing the $148-184 range in early June, momentum broke. Price dropped to $125, then bounced - fast enough to draw attention, but not enough to shift structure.
Now we see it back at $148 - the same level that triggered the breakdown. So far, the market hasn’t reclaimed it. Price keeps getting rejected, volume is light and momentum continues to fade.
🦬 Should buyers regain control, there’s a clear path to $204 and above. If not, the bounce starts to look like a failed retest - and the next move down may not stop at $125...
