Solana Bears Eye $113 Target If Ascending Structure Breaks Down – Details

Solana (Sol) is currently in possession of the $ 125 brand, a level that has acted as a support in recent weeks. Although this may appear a sign of strength, the wider feeling around Sol remains cautious. Analysts warn that the last increase in the price may only be a trap for bulls, preparing the foundations for a further disadvantage. Despite the recent rebound, the action of prices continues to show weakness, with high lows that are formed on several times: a classic sign of bearish continuation.

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The general encryption market remains under pressure and many investors fear that a deeper bear market can take place. Macroeconomic uncertainty, combined with the increase in risk feeling, added to the concern. As a result, the trust between retail and institutional investors is fragile. Some are positions comes out, while others choose to retain volatility, sitting on losses not realized in the hope of long -term recovery.

With Sol who struggles to establish a clear momentum, analysts believe that the path of lesser resistance remains on the reverse of the medal unless the bulls can recover higher levels with a strong volume. A non -maintenance of the $ 150 level could confirm the bearish continuation and open the door to move towards lower support areas. Until the buyers return with conviction, Solana remains in a precarious position, captured between the faded impetus of a short -lived manifestation and the growing weight of the incertence of the market. The next few days will be crucial to determine if Sol can recover or if more pain awaits us.

Solana key test as the bearish feeling grows

The action of Solana’s price shows signs of weakness while the bulls struggle to build momentum. The recent increase in the market has brought temporary relief to Altcoin, but many analysts warn that it could have been a trap for bulls: a short -lived manifestation within a wider trend. With volatility again, Solana is facing a critical test that could define her short -term direction.

The feeling of investors remains divided. Some fear that a deepest bears market is on the horizon, indicating macroeconomic instability, the increase in interest rates and the wider feeling of risk. Others continue to support unrealized losses, hoping for long -term recovery despite the growing uncertainty. While soloing in this fragile area, the sentence remains low and every move is observed closely.

Runefelt has highlighted a significant technical risk: if the current ascending support of Solana fails, the token could go down to $ 113. This support line has so far supported the sales pressure, but repeated tests without a clear rebound increase the risk of a break. A decrease at $ 113 would mark an important correction and delete most of the earnings obtained at the beginning of the year.

Until the bulls manage to recover higher levels of resistance and confirm a breakout, the dominant trend remains a bearish. Analysts warn that unless Solana can retain its current structure, the next leg could arrive quickly. With the market to the limit and momentum, the action of Solana’s prices in the next few days will be crucial in determining whether the activity can stabilize or if further drops are in advance.

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Tori aim to recover the momentum

Solana (Sol) is exchanged at $ 128 after two consecutive days of sales pressure, which canceled part of its recent earnings and rejected the activity under the levels of key resistance. The sudden movement of the market market has left the bulls on the defensive, with an action of the prices that weakens throughout the line. In order for the impetus to regain the momentum and confirm a bullish reversal, it is essential to recover the level of $ 180 in the next few days.

The $ 180 area acted as a significant resistance point during previous rallies, and a decisive move above it would probably have triggered a renewed purchase interest and open the door to a wider recovery. Without this breakout, however, the perspectives remain fragile.

If the bulls are unable to push the highest prices and claim critical levels, Solana risks being deeper in the bearish territory. Continuous weakness could lead to another leg, since the traders Eye Lower Support Zone and prepare for a potential bearish wave.

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The market conditions remain volatile and macro uncertainty continues to weigh heavily on at risk activities. For now, the future short-term hinges of Sol on the fact that buyers can intervene early and drive a transition above the range of $ 150- $ 180 to avoid a steep decline.

First floor image from Dall-E, TradingView chart