The $SOL /USDT chart shows that Solana is currently trading at $144.29, down by 0.08%. The 24-hour high reached $149.07, while the low touched $142.13, indicating moderate volatility. The price has been fluctuating within this range, showing consolidation after a dip to $141.12 and a rejection from the $149.07 resistance level.
The price action suggests that SOL is currently in a consolidation phase, with support around $142.13 and resistance at $149.07. If the price manages to break above $146.55, it could attempt to retest the $149 level. A breakout above this resistance could signal a move towards the $150 mark, which is a key psychological level for traders.
On the downside, if the price fails to hold above $142, it could retest the $141.12 support. A break below this level could trigger further selling pressure, with potential downside targets around $140. Traders should watch the volume and price action closely to assess the next move, as the market seems indecisive at the moment.
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