🚨 SOL Price Action Update: Testing Key Resistance Levels! 🚨

Solana (SOL) is currently trading below a significant resistance zone, and its next moves could dictate short-term market direction:

🚫 New Resistance at $130: With SOL currently below this level, $130 is now a key barrier that needs to be broken for any potential upside. Failing to breach this could lead to further downward pressure.

🟣 Major Resistance Zone at $132.5 - $134: This region has consistently rejected upward moves, adding extra pressure on buyers to break through.

🛑 Support at $121.19: This monthly volume-weighted area (2mVAL) is acting as a key support, helping prevent a deeper drop.

📉 RSI at 46.25: Neutral momentum is indicating indecision, but leaning slightly bearish. A move above 50 could hint at a bullish reversal, while a drop below 40 may confirm further downside.

📊 Key Insight: For SOL to regain momentum, it must first break above $130, and ultimately challenge the $134 resistance zone. Watch for a bounce off $121.19 if selling continues.

👉 What’s your next move? Drop your thoughts in the comments below!