$SOL 🚨Solana Technical Analysis🚨
The Brave New Coin chart shows Solana price is trading at $130 after a sharp rejection from the $150–$160 area. Price is no longer accelerating lower, but it is also failing to reclaim broken levels. This behavior typically appears when a market transitions from trend into range.
Solana current price is $130.04, up 2.28% in the last 24 hours. Source: Brave New Coin
The key supportive band sits between $120 to $110 region. This region has acted as a recurring demand pocket across multiple swings. Holding it keeps the price inside a recovery phase with potential towards $150 and $160. Losing it exposes a clear vacuum towards $100, where historical liquidity thins considerably.
From a technical standpoint, SOL is now compressed between:
Overhead resistance: $140–$145
Structural support: $110–$120
Until one of these boundaries breaks, the market remains range-bound with expanding risk.
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