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Solana (SOL) Price Analysis: Critical Decision Point
Solana hovers around $142-145. Interesting spot. Might go either way from here.
Bullish Case
• That $145-148 zone? Major resistance. • Break above $148 with good volume? Probably heading up. Seems promising. • Maybe go long around $150-152. But wait for confirmation first. • Keep stops below $140. Just in case. • Where could it go? $155, then possibly $162. If things get hot, maybe even $170.
Bearish Case
• Support sits at $138-140. Kind of important. • Drop below $138? Not great. Sellers might take control. • Could short around $136-138. Only after it actually breaks down though. • Stops above $145 make sense. • Downside targets? First $130, then $125. If it really tanks, $118 isn't out of question.
Key Analysis Points
SOL's at a crossroads. Not entirely clear which way it'll jump.
Is 200 a square number? Nope. Square root is about 14.14, not a whole number. This relates to price structures somehow. Trust me.
Don't rush in. False moves happen all the time. Wait and see.