📊 Solana Near a Critical Inflection Point

Solana has rebounded from below $135 and is now pressing the $141–$145 resistance band. Earlier tests of this level led to sharp pullbacks, but the most recent dip was limited, signaling stronger underlying demand.

From a technical perspective, price remains above the 20, 50, 100, and 200 moving averages, reinforcing a constructive market structure. However, softer network growth suggests upside may depend on renewed on-chain participation.

A sustained break above $145 would strengthen the case for a move toward $165–$180.

Failure to clear this zone likely results in continued consolidation.$SOL

SOL

117.84

-6.70%

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