SOLUSDT
Perp
127
-0.92%
Solana is currently trading near $130, having recently broken down through an ascending trend-line and the $128 to $130 immediate support.
The price action is in a sharp retracement following a failure to break above the $146 to $148 strong resistance zone.
Primary support is established at the $120 level, which serves as a major structural floor to pre-vent further downside toward the $110 region.
To restore a bullish outlook, the price must reclaim above $128 to $130 zone and overcome the $140 key resistance.
