Overview
- Crypto.news reports a daily close under $130, marking a structural shift lower and weakening buyer conviction near recent support.
- Volume-profile analysis shows price below the point of control with weak reactions at the value area low, and untested liquidity below $100 heightens capitulation risk if pressure persists.
- Analysts previously flagged a falling‑wedge breakout, yet SOL has not secured a daily close above roughly $140, leaving the setup unconfirmed.
- Charts highlight $120–$125 as a major long‑term demand zone and $150–$185 as layered resistance where prior rallies stalled.
- Momentum remains cautious with price under declining moving averages, MACD negative, RSI mid‑range, and order books showing clustered bids below and thick sell walls above.