Solana’s liquidity heatmap highlights a dense pocket of activity between $140 and $148, while solid bid support is stacked in the $128–$130 area. That’s largely why price has been chopping sideways — it’s effectively being pulled between these two zones.
In the short term, there are two realistic scenarios. SOL could sweep down toward $130 to fill those resting bids before attempting a push higher. Alternatively, it may slowly grind up into the $145–$148 range to work through the overhead supply.
Neither outcome signals a decisive trend shift — it simply reflects a balanced market. As long as price stays above the $125–$130 region, the broader recovery structure remains intact. A clean break below that support would tilt the bias back toward a deeper pullback.
*This isn’t financial advice — always do your own research.*