$SOL and $ETH have both been showing a ranging trend for the last three days. This means their prices are fluctuating within a specific range, without any strong upward or downward momentum.
According to experts, both charts still need to complete structural work before entering a full bull territory. In other words, more time is required for price stabilization and the formation of a clear upward pattern.
Echoing your thoughts, many analysts believe that buying SOL below $140 could be profitable, as it might act as a strong support level with the potential for price appreciation from there.