Solana Drops Below Critical Support – What Will Be The Next Trend?

Solana has officially lost its key support zone after a long period of consolidation. Currently, the price has dropped to $130.95, recording a decline of 4.55% in the last 24 hours. This comes as the broader crypto market is facing strong selling pressure.

📉 Solana Breaks Support – Bearish Trend Triggered? After accumulating in the $135 – $140 range, Solana was unable to hold the crucial support level and fell to $130.95. Given the current market conditions, if selling continues to increase, the $125 area will be the next important support to watch. If this level is broken, Solana could fall further, heading for lowers like $120 or even $115. However, on the other hand, if the price sustains above $125 and shows signs of recovery, Solana could make a short-term bottom and start a rally. 📊 Important levels to watch 🔻 Important Support:

✅ $125 – Major support level. If broken, $120 will be the next target.

✅ $120 – $115 – Deeper support zone in case the market continues to correct. 🔺 Critical Resistance:

✅ $135 – This is the level that Solana needs to regain to reverse the downtrend.

✅ $140 – $145 – If it breaks through this area, Solana could return to the uptrend. 📌 Trading Strategies for Investors 🔹 Short-term: For short-term traders, if the price recovers above $130, short positions with a target of $135 can be considered. But if the price drops below $125, it is worth waiting for a confirmation signal before entering a trade. 🔹 Long-term: If you believe in Solana's long-term potential, the $110 – $128 zone could be a good buying opportunity to accumulate. History has shown that Solana is capable of a strong recovery after major corrections. 💡 Final Thoughts Solana is in a critical phase. If buyers are unable to defend the $130 – $125 zone, it is likely that we will see a deeper decline. However, for long-term investors, a lower price may be an ideal accumulation opportunity.