Solana Price Analysis

Solana (SOL) continues to experience downward pressure as it approaches critical support around $120. The current bearish trend casts uncertainty over its future performance. Market analysts observe that while a brief rally might be feasible, genuine recovery demands a price rebound above $185. Observing these key levels offers investors vital insights into potential trading strategies.

What to Watch

Investors need to monitor price movements closely. If Solana fails to reclaim higher levels, the bearish trend may intensify, leading to further losses. Conversely, breaking through resistance could set the stage for a bullish reversal.