$SOL

# **SOL between US$140-160: What to Expect?**

**Solana (SOL)** is consolidating between **US$140 and US$160**, a critical level that could define its next move. Here’s what analysts are observing:

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## **📉 Why Did SOL Drop?**

- **Market Correction**: General adjustment after altcoin rally

- **Cascade Liquidations**: Many leveraged traders were stopped out

- **Network Issues**: Brief congestion worried investors

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## **📊 Technical Analysis: Supports and Resistances**

✅ **Strong Support**: **US$140** (Institutional demand zone)

🔺 **Immediate Resistance**: **US$160** (Breaking here can resume uptrend)

🎯 **Possible Scenarios**:

1️⃣ **Bullish**: If it recovers **US$160+,** the next target is **US$180-200**

2️⃣ **Neutral**: Consolidation between **US$140-160** for a longer time

3️⃣ **Bearish (less likely)**: Drop below **US$140** could test **US$120**

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## **💡 What to Do Now?**

🔹 **Buyers**: Good opportunity at **US$140-150** (interesting risk/reward)

🔹 **Swing Traders**: Keep an eye on the breakout of **US$160** to enter

🔹 **Holders**: Stay calm – Solana has strong fundamentals in the long term

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## **🚨 Factors That Could Change the Game**

- **BTC recovering?** If Bitcoin returns to **US$65K+,** altcoins like SOL could soar

- **New Projects on Solana**: DeFi or NFT launches could rekindle interest

- **Technical Updates**: Improvements to the network could boost confidence

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### **📌 Expert Opinion**

*"This is a healthy correction in an overheated market. Solana continues to be one of the most active blockchains, and this drop could be a great buying opportunity."* – **Head of Research, CoinGecko.