Solana (Sol) was facing renewed downward pressure after several failed attempts to break over $ 158- $ 159 resistance zone.
Sellers took control within 13:00 hours, with volume rising past 1.1 million and bread through $ 153.10- $ 153.30 Support region and accelerated the bearish momentum.
Despite a modest recovery attempt, the sun remains on the back of the back and trades just over $ 153.
With lower heights forming across recent sessions and key support zones threatened, analysts warn that longer disadvantages are possible unless bulls regain the $ 153.30 level.
The psychological $ 150 brand now draws as the next major line of defense.
Technical analysis highlights
- Strong resistance to $ 158- $ 159 triggered a fall of 4.48% from tip to trough.
- Division of high volume below $ 153.10- $ 153.30 Support Zone Signals Bearish Shift.
- Sun dropped from $ 154.53 to $ 151.89 in the last hour, a 1.7% intraday fall.
- Remarkable sale at. 13:40 (36k) and 13:48 (59k) accelerated downward momentum.
- The award has since rebounded for $ 153.81 with preliminary support near $ 152.50.
- Lower heights and elevated sales volume still suggest short -term pressure.
- A close over $ 153.30 is needed to signal potential trend stabilization.
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