🤹 SOL’S HIGH-WIRE ACT: $148 Break = Rally Fuel? 🔥
Solana $SOL is trading at a critical crossroads after bouncing from weekend lows! Here’s what’s unfolding:
✅ Price Snapshot:
- Recovered 15% in 3 days → now testing $144–$148 resistance (key since May!).
- Trading at $143 (slight dip today).
⚖️ Why This Level Matters:
Analysts call this a "very delicate zone" (via AltCryptoGems):
- Hold $144? → Could retest $187 (June highs) or even $204+.
- Lose $144? → Risk retesting $125–$130 support (weekend bounce zone).
📉 Technical Spotlight:
- Falling Wedge Pattern (1-month formation): Breakout = Bullish signal!
- $125–$130 = Strong weekly support + aligns with key Fib level.
🎯 2 Possible Paths:
1️⃣ BREAK ABOVE $148:
→ Fast rally toward $187–$204 (bullish momentum).
2️⃣ FALL BELOW $144:
→ Pullback toward $125–$130 (bear retest).
Key Levels to Watch:
🔥 Resistance: $148 → $187
Support: $144 → $130 → $125
Traders are eyeing this tension! Will $SOL soar or retreat? 👀