Key Insights
- •Solana reached $146.50, meeting technical targets while holding above support that protects the broader uptrend.
- •Traders watch $144–$146 resistance closely, as failure to break could send SOL toward lower support zones.
- •A rebound above resistance may position Solana for a test of the $152–$157 extension region.
Solana moved into a key price zone after touching $146.50 overnight, matching the technical target traders had been watching. The brief move above $144.60 placed SOL inside an area known for heavy resistance, formed by earlier swing points and Fibonacci levels. Price has since eased back toward the mid-$140s, but traders remain focused on whether the market has enough strength to push higher. Solana was trading near $141.58, showing steady intraday action after a flat performance over the past week.
Testing the Upper Range
The recent rally completed a five-wave move inside a larger A-B-C pattern. This structure brings SOL into the region where a wave-four top could form. Analysts noted that “there is still no confirmation of a top,” since the market has not slipped below $134.80. That level remains the marker that separates continued strength from a deeper slide.
The upper range between $144 and $146 has been difficult to clear. Each attempt has met resistance, and the latest push was no different. One market watcher remarked that “$144 remains a key hurdle for Solana,” warning that the market may ease back if buyers fail to regain control. The range has acted as a ceiling for several sessions and continues to shape short-term sentiment.
Support Levels to Watch
If price stays under the resistance line, the chart points to a possible drift toward the $138 to $140 area. This band served as an interim support zone last week and may slow any pullback. A move below that range would bring $134.80 back into focus, as it marked the base of the last strong rebound.
A sharper decline could carry SOL toward $130. This level has been a reaction zone in earlier swings and may again attract buyers if the market weakens. Traders are watching this area closely due to its history of stabilizing price during sell-offs.
Upside Targets Remain Intact
If Solana holds above support and reclaims the $144.60 line, the next upside target sits between $152.60 and $157.30. These marks come from higher extension levels tied to the completed C-wave. They also represent the next likely point of resistance if momentum builds.
Analysts More Crypto Online noted,
“as long as $134.80 holds, another high remains possible,”
However, keeping the path toward $157 open. A clean break above $146.50 would shift attention toward that upper range and renew interest in the next leg of the trend.