Cryptocurrency analyst predicts Solana’s collapse to $ 132

Financial markets analyst Aayush Jindal said that Solana SOL $136.03 Binance-Peg SOL -0.22% Market capitalization $0.15 billion VOL. 24 hours $0.18 billion has fallen again after failing to break through a key resistance zone. According to him, the asset is currently facing technical difficulties, and an important support zone may be tested in the near future.

According to the results of technical analysis, SOL could not stay above $ 145, where the short-term resistance zone is located. The unsuccessful breakout provoked a pullback, causing the price to fall below several local support levels. The nearest significant level is around $ 138-$ 140, and its breakout could open the way for further decline.

Jindal notes that the overall picture remains mixed: demand for Solana remains strong, but the market is facing pressure from sellers after rapid growth in recent weeks. To resume the uptrend, the asset needs to gain a foothold above $ 145 and demonstrate a stable volume of purchases.

If buyers are unable to hold their current positions, the next key support zone is near $ 132. A drop below this level could indicate a change in the short-term trend to a downtrend.

Despite the local correction, the analyst reminds that Solana retains its fundamental advantages: high network bandwidth, the development of the DeFi sector, and growing interest in the ecosystem from developers and large investors.