$SOL is showing the price oscillating between key resistance and support levels. The price recently tested the resistance at $139.73 after failing to break above $138.06 and $137.90 earlier. The repeated rejections at these levels indicate a strong supply zone, preventing the price from moving higher. However, the overall price movement is gradually trending upwards, suggesting a potential bullish breakout if resistance is tested again.

Currently, the price is consolidating near the $137.19 level, which is acting as short-term support. If this support holds, there is a high chance of the price retesting $139.73, and a break above could trigger further upside momentum. However, a failure to hold $137.19 may lead to a pullback towards the lower support zone around $134-$130. The overall trend remains cautiously bullish as long as SOL remains above these critical support levels.

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