SOL's recent price action has been quite interesting.

The 140 level has now become a battleground between bulls and bears. Bulls believe it can hold and break through, while bears think the 144 mark is a solid resistance. However, yesterday morning's surge was pretty strong, so whether it can break through 144 today is still uncertain.

From a technical perspective, the area around 140 is definitely a sensitive zone. Bulls keep testing here, while bears are holding the line. If trading volume keeps up, breaking the previous high isn't out of the question. Of course, the risks are also clear—if it pulls back, this level could turn into new resistance.

SOL has been quite volatile recently, so traders should manage their positions well and avoid chasing the rally or panic selling, which can leave you confused.