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Solana continues to deal with an assembly pressure while it fights to recover the level of $ 150, with a wider uncertainty of the market heavy on prices. Decreasing almost 60% compared to its summit of all time, Solana reflects the weakness observed in the cryptography sector, where fear and volatility have returned to dominate the feeling of investors. While macroeconomic instability and risk behavior persist, the bulls could not regain control and confidence remains trembling.
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Top Crypto’s analyst, Ali Martinez, recently shared an important technical analysis, identifying $ 120 as a critical brand area for Solana. According to Martinez, this level has historically marked major changes in the soil price trajectory, often acting as the tipping point between recovery and additional decline. Solana now hovering dangerously close to this threshold, traders look closely to see if he can hold or break.
If $ 120 does not act as a support, it could trigger a deeper correction. On the other hand, maintenance of this level could offer bulls a base to set up a potential return – especially if the market conditions stabilize. For the moment, Solana remains in a vulnerable positionAnd how he behaves around this key level can define his management in the coming weeks.
Solana has critical demand as global trade tensions increase
Solana is negotiated in a critical demand zone because the sales pressure is intensifying through the cryptography market, driven by the climbing of global tensions and fears of trade war. On Liberation Day, US President Donald Trump announced new prices, arousing heavy responses from major economies like China. The benefits have shaken the confidence of investors in all markets, including crypto, where risk assets feel the weight of increased uncertainty and reduction in appetite.
Solana (soil) was particularly vulnerable, the action of prices sliding towards key support levels. Analysts warn that if the current demand does not hold, the downward trend could accelerate. The next few days will be crucial because the continuous weakness of next week could confirm a downward break. Many traders are already preparing for more drawbacks if the market is not stabilized soon.
Martinez recently highlighted The importance of the current support area. According to his analysis, the level of $ 120 is a decisive brand point for Solana. This area has historically marked major reversals and changes of trend in the momentum. A failure to hold above could cause a deeper correction, while a rebound in this level could arouse recovery.
With soil already at 60% of its heights of all time, the bulls are on the defensive. If they can defend $ 120, there is still hope for a reversal – but losing it can point out that the wider downward trend remains intact. In the coming days, all eyes will be on Solana’s ability to maintain the line while macro pressure continues to shape the direction of the cryptography market.
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The key weekly support faces a risk of breakdown
Solana is currently negotiating at $ 120, on the right track to record her lowest weekly closing since February 2024. After weeks of pressure and repeated refusals below the level of $ 150, the bulls are lacking time to defend key support. The inability to recover $ 150 – a major resistance zone – has maintained the soil trapped in a downward structure, with an amount of movement firmly in favor of bears.
In order for any hope of a recovery gathering to take shape, Solana must recover $ 150 in the coming days. This level remains the gateway to higher demand areas and a short -term change of trend. However, if the price action continues to weaken and $ 120 do not hold, the next logical target is much lower – around the MA and the 200 -day weekly EMA, both converging almost $ 95.
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This would represent a critical rupture and would probably trigger additional drop pressure, especially if wider market conditions remain fragile. With macroeconomic uncertainty and commercial war tensions weighing heavily on feeling, Solana’s position seems more and more vulnerable. Unless the bulls intervene soon, Sol could be confronted with a deeper retirement because it has tested the long -term support areas that we have not seen since 2023.
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