Solana (SOL) demonstrates resilience, securing solid footing within the $140-$142 support range. Technical analysis indicates this level has absorbed repeated testing, reflecting significant buyer confidence and interest.
The market’s focus shifts to a potential breakout above the $150-$155 pivot zone. Successfully closing above this level is viewed as a crucial indicator of strengthening bullish momentum. Historical patterns suggest such a breakout could pave the way towards a target near $192-$195 resistance.
For a sustainable upward move, traders emphasize the necessity of heightened trading volume accompanying any decisive break above $155, which would lend greater validity to the price action. Market sentiment remains cautiously optimistic, with participants closely monitoring these key technical levels for confirmation of a potential bullish trend shift.