Solana (Sol) is recovered from an acute fall to retain $ 140 while merchants wait for the next movement



Token native to Solana, Sol

It is quoted at $ 140.46, a less than 1.41% in the last 24 hours, after recovering from a strong 4.9% decrease that took the price of $ 142.91 to $ 135.96, according to the technical analysis model of Coindesk Research. Since then, the asset has stabilized between $ 140 and $ 142, with formation support of $ 140.40.

The Solana ecosystem continues to grow, with recent ads that include support for Bitcoin wrapped (WBTC) on the network. Analysts remain divided into perspectives, and some point to a possible movement towards $ 200, while others expect a setback to the range of $ 123- $ 135.

TECHNICAL ANALYSIS

  • Sol decreased 4.9% of $ 142.91 to $ 135.96, establishing a negotiation range of 7.08 points.
  • The asset recovered to form a consolidation pattern between $ 140 and $ 142.
  • The high volume support appeared at $ 140.40 during the 1:00 p.m. between 14:32 and 14:37, Sol increased from $ 140.48 to $ 141.40.
  • The sales pressure raised the price at $ 140.32, then at a minimum session of $ 140.29.
  • A descending channel formed with lowest maximums and lower low residence to $ 142.65 limited the price share twice.
  • The concentrated sale volume occurred during candle 15:10, which suggests a short -term bassist feeling

Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.



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