$SOL $SOL

SOL Bear Pressure Growing as Price Hits New Lows

Solana ($SOL) just dropped to a new low of $125.57 and is now trading around $126.44, down 2.31% in the last hour. Sellers are clearly in control after the price fell below the $134 zone, and all signs point to weakness.

Momentum Overview:

RSI (6): 23.76 – This shows $SOL is heavily oversold.

StochRSI: 3.10 & 3.30 – Weak signs of a bounce, not convincing.

Important Price Levels:

Support: $125.00 – If this breaks, expect more downside.

Resistance: $128.50 and $131.00 – Bulls need to push back above these quickly to fix the trend.

With momentum this weak, buyers are in a tough spot. If we don’t see a strong recovery soon, another drop is likely.

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