Solana has slipped into a crucial demand zone between $118 and $138, a region where buyers must prove they’re still in the game. Early reactions are emerging, but momentum remains weak, raising the big question: Is SOL preparing for one more leg down, or could a surprise bottom quietly be forming beneath the surface?
Solana Slides Into A Critical Support Zone
Crypto analyst More Crypto Online, in an update shared on X, revealed that SOL has recently dropped into a major support band. This crucial zone stretches from $118 up to roughly $138.30. The analyst emphasizes that this is the exact region where the market must definitively prove that robust demand is still present to prevent further structural decline.
While examining the smallest timeframes, the analyst noted that there are indeed early attempts at a reaction developing within this broad support band. However, the expert warns that these reactions currently lack conviction and do not yet display the sustained buy
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