**🔥 Solana: A Battle Between Bears and Butterflies! Will the Downtrend Continue?**
Solana (SOL) is currently hovering around **127.61$** (-7.59%) after testing resistance at **139.88$**, but strong support at **124.03$** could be the key to survival! 📉
### **Signs of Continued Downtrend?**
1. **Massive Selling Volume** (609M USDT) indicates bear dominance, especially after breaking the psychological level of **130$**.
2. **Previous High of 139.88$** created strong resistance that may hinder a comeback without positive news.
### **Glimmer of Hope for Upside?**
- **Support at 124.03$**: If the price bounces back strongly from here, it may target **135$-140$** thanks to "buying the dip" trades.
- **Crypto Market Recovery**: Any improvement in Bitcoin's performance could rejuvenate Solana (which is closely tied to the overall market).
### **Outlook: A Battle at 124$-130$!**
- **Break Below 124$ ↓**: Could open the door for a drop towards **115$-120$**.
- **Staying Above 130$ ↑**: A signal for recovery towards **140$** again.
**Solana between the Hammer of Support and the Anvil of Resistance... Will the Butterflies Soar or Will the Bears Prevail?** 🦋🐻