Cryptocurrency experts predict Solana’s drop to $ 136

The price of Solana SOL $148.02 Binance-Peg SOL -1.57% Market capitalization $0.16 billion VOL. 24 hours $0.29 billion after a period of growth has stabilized near $ 155, where it is currently facing strong resistance. Experts note that for further growth, the coin needs to overcome this resistance level, which remains a difficult barrier for buyers.

After the recent recovery, SOL is trying to gain a foothold higher, but pressure from sellers remains. Analysts advise paying attention to key support and resistance levels, as well as monitoring market dynamics, as there is a risk of correction to lower levels if the breakout fails.

A breakout below $ 146 could send the price to the $ 142 area. If it closes below $ 142, the price could drop to $ 136 in the short term.

In general, market sentiment remains cautiously optimistic, but further movement of SOL will depend on investor activity and the overall situation on the crypto market.

Technical indicators

• Hourly MACD — MACD for SOL/USD is losing momentum in the bullish zone.
• Hourly Relative Strength Indicator (RSI) — RSI for SOL/USD is below the 50 level.
• The main support levels are $ 150 and $ 146.
• The main resistance levels are $ 155 and $ 160.