Solana retests the Bearish rupture area – Target of $ 65 still in play?

by Barry Solano
0 comments

Reason to trust

Strict editorial policy which focuses on precision, relevance and impartiality

Created by industry experts and meticulously revised

The highest standards in the declaration and publishing

Strict editorial policy which focuses on precision, relevance and impartiality

Leo football price and a little soft players. Each Arcu Lorem, ultimate all children or, Ultlamcorper football hates.

This article is also available in Spanish.

Solana is negotiated above the level of $ 125 after the bulls intervened and recovered key levels, arousing optimism through the market. After enduring weeks of massive sales pressure, this recovery marks the first sign of the buyers since early March. However, not all analysts are convinced that this marks the start of a sustainable rally. While Momentum seems to move in favor of Solana, some see this movement as a downward configuration possible rather than an inversion.

Related reading

Top Crypto’s analyst, Ali Martinez, shared a vision of prudence on X, suggesting that Solana could retest the rupture zone of a model of ascending enlargement at right angle – a structure that often precedes net reductions. According to his analysis, if Solana does not hold current support levels, prices less than $ 80 could come back into play. This aligns with wider macro concerns, because global trade tensions and volatile risks continue to put pressure on cryptography assessments.

With both Haussier enthusiasm And lowering warnings in the air, the action of Solana prices in the coming days could determine if it is a real recovery – or a configuration for a deeper correction. The eyes are now on how soil behaves around $ 125 in the short term.

Solana faces a pivot test as global risks increase

Solana is at a crucial time while the bulls try to maintain the level of $ 125 and resume momentum after weeks of aggressive sales pressure. Although the recent rebound has offered short -term reductions, the wider market environment remains very unstable, which makes this recovery fragile.

Macroeconomic uncertainty, associated with increasing fears of trade war, continues to weigh heavily on risky assets like Solana. The erratic tone set by US President Donald Trump, including unpredictable tariff policies targeting China and other global partners, has introduced a renewal of volatility on the financial markets.

These macro opposites are collided with technical pressure in Solana’s table. Martinez Shared A downward scenario, noting that Solana could retest the rupture area of ​​an ascending food scheme at right angles. Historically, this scheme often signals the potential for net overthrows. According to Martinez, if Solana does not hold above the key support, the price could dive around $ 65 – a level not seen since the end of 2023.

Solana Retesting Breaish Breakout Zone | Source: Ali Martinez on X
Solana Retesting Breaish Breakout Zone | Source: Ali Martinez on x

The $ 125 area is now acting as a level of makeup for bulls. Higher resistance recovery at $ 135 at $ 145 would be necessary to move the feeling and trigger a complete recovery gathering. However, non-compliance with current levels could lead to a sharp decline as panic returns to the market.

Related reading

Sol Price faces a key resistance after a rejection of $ 136

Solana (soil) is currently negotiated at $ 125 after faced a specific rejection at the level of resistance of $ 136 earlier this week. The failure to unravel this short -term ceiling interrupted the bullish momentum, placing bulls in a vulnerable position as they try to defend recent gains. To regain control and report a clear reversal, Sol must recover the level of $ 136 with conviction and continue to climb towards the $ 150 mark – an area that aligns with the daily key resistance and short -term liquidity.

Sol testing supply Critical Supply | Source: Solusdt graphic on tradingView
Sol testing supply Critical Supply | Source: Solusdt Chart on tradingView

The recovery of the two levels would point out strong market confidence and could open the way to a sustained rally, perhaps retest of the April summits. However, without this increase in the rise, the risk of deeper descent increases. Market volatility remains high, fueled by global macroeconomic tensions and uncertainty about American-Chinese trade developments. These factors always weigh heavily on feeling, especially among altcoins like Solana.

Related reading

If soil continues to fight below $ 136 and fails to attract enough purchase pressure, a breakdown to the $ 100 brand becomes more and more likely. This level previously served as a psychological support zone and could arouse renewed interest – but only if wider market conditions stabilize. For the moment, Sol remains in a delicate negotiation zone with high issues.

Dall-e star image, tradingview graphic

Source

You may also like

Leave a Comment