Token #SOL reversed its rally due to the ETF, and with more than 14% of the supply concentrated at US$144, maintaining this key support is essential to avoid a deeper retracement. The level of US$ 148 is currently under pressure, and a drop below US$137 would confirm a lower low, which would negate the possibility of a short-term bullish continuation.

For the SOL token to regain upward momentum, a new successful test of the demand zone between US$145 and US$137 remains crucial. If the downward trend persists, a new test between US$120 and US$95 remains realistic, which would offer a more attractive long-term entry point.