Explore the current SOL price analysis and discover the critical areas affecting its trend. Keep an eye on key resistance and support levels.
Solana (SOL) is starting a new uptrend after dropping below the $132 support level. Currently trading below the 100-hour Simple Moving Average around $130, SOL needs to break the $132 resistance for further growth. Failure to stay above $128 may increase the risk of dropping to $124 and then $122. Overall, Solana remains in a sensitive state, and investors need to watch for key resistance levels being broken or falling back to support ranges.
