Solana's $125 Firewall
The market is fixated on $SOL as it hits a pivotal support firewall at $125.00. After a sharp drop from highs, bears are pressing, aiming to force a capitulation. If they succeed, the road is clear for a plunge toward $115.00 and potentially the psychological $100.00 mark.
However, the bulls are loading up on-chain, determined to protect this critical base. A strong reversal candle above $127.00 would trigger a fierce short-squeeze, with immediate resistance targets at $138.00 and a move to reclaim the $145.00 zone. The fate of the short-term trend rests on whether the $125.00 firewall holds. Traders are watching volume for the definitive signal.
