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Solana is trading higher than $ 125 after bulls interfered at the main recovered levels, causing optimism across the market. After weeks of massive sale, this recovery is the first sign of power from buyers since early March. However, not all analysts are convinced of this represents the beginning of a sustainable march. Although the momentum seems to be in favor of Solana, some see this step as a potentially low preparation instead of reflection.
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Ali Martinez, a higher encryption analyst, shared a warning point of view on X, indicating that Solana may re-test the penetration area of an escalating right-wing plain-a structure that often acute declines. According to his analysis, if Solana fails to obtain current support levels, prices of less than $ 80 may return to play. This is in line with the wider total concerns, as global trade tensions and volatile risk markets continue to pressure encryption reviews.
With both bullish enthusiasm and hybrid warnings in the air, Solana’s movement in the coming days can be determined whether this is a real recovery – or a preparation for deeper correction. Eyes are now on how Sol spends about $ 125 in the short term.
Solana faces a pivotal test with high global risks
Solana is at a decisive turn, as the bulls tried to keep $ 125 and restore momentum weeks after the pressure of aggressive sale. While the last bounce has provided relief in the short term, the broader market environment is still largely unstable, making this recovery fragile.
The overall economic uncertainty, associated with the increasing commercial war concerns, remains greatly weighing the origins of risk such as Solana. The irregular tone developed by US President Donald Trump, including the unexpected tariff policies targeting China and other global partners, provided renewable fluctuations across the financial markets.
These overall opposite winds collide with technical pressure on the Solana scheme. Martinez shared Detailed scenario, noting that Solana can re -test the hack area of an escalating right escape pattern. Historically, this pattern often indicates the possibility of sharp repercussions. According to Martinez, if Solana fails to obtain the main support, the price may collapse about $ 65 – an unprecedented level since late 2023.
The 125 -dollar area is now working as a level of making or fracture of the bulls. It will be necessary to restore the upper resistance at 135 – 145 dollars to change feelings and stimulate the complete recovery. However, failure to retain current levels may lead to a sharp decrease with the return of panic to the market.
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Sol price is a major resistance after rejection of $ 136
Solana (Sol) is currently trading at $ 125 after facing a fair rejection at the resistance level of $ 136 earlier this week. Failure to penetrate this short -term ceiling has stopped the bullish momentum, and put the bulls in a weak position as they try to defend the recent gains. To restore control and refer to a clear reflection, Sol must restore the level of $ 136 with condemnation and to continue climbing to a mark of $ 150-a region in line with the main daily resistance and short-term liquidity.
Restoring both levels will indicate confidence in the strong market and can pave the way for a continuous gathering, and perhaps re -test its highest levels in April. However, without pushing the upward trend, the threat of the deepest passive side grows. Market fluctuation remains high, nourished by global tensions of macroeconomic and uncertainty about trade developments between the United States and China. These factors still weigh greatly on feelings, especially among altcoins like Solana.
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If Sol continues to struggle to below $ 136 and fails to attract enough purchase pressure, the collapse towards a sign of $ 100 is increasingly possible. This level was previously a psychological support area and could attract renewed attention – but only if the wider market conditions stabilized. Currently, Sol remains in a high -risk sensitive trading area.
Distinctive image from Dall-E, the tradingView graph
The post Solana Retests Bearish Breakout Zone – $65 Target Still In Play? first appeared on Investorempires.com.
