Solana at $150: A short-term risk, but why you should consider HODLing SOL
Holders are selling into strength – textbook bullish behavior.
Solana’s [SOL] dry run to $95 on the 8th of April, following a sharp 64% quarterly drawdown, was a textbook case of aggressive “dip-buying”. In other words, an early signal that buyers were ready to step in at value zones.
Fast forward to mid-Q2, and SOL has clawed its way back to price levels seen in early March, showing the market is now in a net profit state.
Despite this rebound, a full-scale pullback has yet to materialize. Instead, price remains range-bound below the $150 overhead supply wall.
Typically, this kind of sideways action, especially when profits are on the table, screams conviction. Market participants appear more inclined toward capturing future upside than realizing short-term gains.
In this context, Solana’s behavioral resilience may .
