Here’s a short, latest Solana ($SOL ) price analysis with a picture to go with it 👇
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📊 Current Solana ($SOL ) Market Snapshot
• $SOL
price is trading near key support around the $130–$135 zone, which traders are watching closely as a make-or-break level for the next move. �
• Immediate resistance sits near ~$146–$150, and reclaiming that could set the stage for a push toward $160–$175 in the short to medium term. �
• However, bearish pressure remains if the support zone fails, with potential downside toward $120–$118 or lower. �
MEXC
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MEXC
📈 Bullish Factors
• If SOL holds the $135 support and breaks above resistance, momentum could lift prices toward $150-$175. �
• Ongoing network growth and institutional interest continue to support the fundamental long-term narrative. �
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CoinMarketCap
⚠️ Bearish Risks
• Failure to defend $130–$135 could extend selling pressure toward deeper supports near $120–$118 or lower. �
• Broader crypto market weakness may amplify short-term downside risks.
MEXC
📌 Outlook (Short-Term)
• Neutral to slightly bullish if support holds and buyers push above near resistance.
• Bearish continuation possible if critical support breaks.
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