Solana Price Prediction: Since SOL failed to reclaim $155, is $130 the next target?
This wave of SOL is really bad news for those who are optimistic about it. It finally rose a little, but now it has fallen below the important mark of $150. It seems that the decline is not over yet. Everyone was expecting it to break through $160 and then rise to $190 in one go, but it failed to maintain the good momentum last week.
The same is true for BTC. It wanted to rush to $625,000, but it didn't. Now even Solana is unlucky and may have to continue to fall.
Solana has risen from $122 to $186 in the past three months. It has risen sharply. But it failed to hold the key mid-range support level of $154, which is an important position and coincides with the 50% retracement point. Now it has not held, which means that it may continue to fall in the short term.
Although the trading volume shows that some people want to buy, there are more sellers overall, and the momentum is not good. Now it depends on whether the $140 position can save it, because there are many people waiting to buy at this position, but if it still can't hold, it may have to go to $130 or even lower.
So, investors have to be careful, Solana's situation is not good now, and you have to be mentally prepared to see where it can go.
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