Market analysis has shown that the price of Solana is holding at significant support, but the overall bearish trend structure continues to affect dynamics.
First Reaction at Support
The $131–$126 price range remains a key support zone, where the price tested the level coinciding with the Golden Pocket and the bottom of the trend channel.
Trend Remains Bearish
The overall bearish trend structure persists, marked by lower highs and lower lows. Solana must reclaim levels above $158 and $168 to establish a sustainable bullish reversal.
What to Watch Next
A breakout above $150 could open the door to a broader recovery. Failure to clear resistance would shift focus back to the $135–$131 zone, and a break below this support could send the price sliding toward $117.
The current price action of Solana presents a crucial moment, serving as both a chance for bulls to break out and a possibility for further decline if resistance is not overcome.
