Solana Price Tests $130 Support Zone While $145–$150 Resistance Blocks Recovery

⬤ Solana is showing signs of life after a brutal downtrend, with the price finding its footing around the $130–$133 support zone. The SOL chart reveals that selling pressure has finally started to ease up, with price consolidating instead of continuing its freefall. It’s not a full reversal yet, but the downside momentum has clearly hit pause.

⬤ Buyers are starting to show up around current levels. SOL has bounced off the low $130s multiple times now, creating temporary floors after each dip. These reactions tell us there’s demand building near support, though the rallies haven’t had much staying power. The bigger picture still looks shaky—price is stuck below previous recovery peaks and hasn’t managed to string together any meaningful higher highs.

⬤ The real problem is overhead resistance. There’s a thick resistance band sitting between $145 and $150 that’s been rejecting every bounce attempt. SOL has tested this zone several times but just can’t break through and hold above it. Until we see a clean breakout above $150 that actually sticks, the downtrend structure remains intact.

⬤ This matters beyond just Solana. SOL often moves in sync with the broader altcoin market, so when it stabilizes after a sharp drop, it can signal shifting sentiment across alternative crypto assets. Right now, we’re seeing a standoff—buyers defending support versus sellers guarding resistance. The market’s waiting for a clear winner, and that’ll depend on whether SOL can finally push past those technical barriers overhead.