Solana’s Rally Approaches Key $146 Resistance – Breakout or Rejection Next?

Solana (SOL) is trading near $140 with a 24-hour gain of 2% and a 7-day gain of almost 11%. Daily volume is over $5.5 billion. Despite the recent bounce, the asset remains below a key resistance level, which analysts say could decide whether the trend continues or stalls. $146 Marks a Key Level Analyst Man of Bitcoin views the recent rise as corrective. He noted that as long as SOL stays under $146, there’s a chance the downtrend resumes. His chart shows a wave structure where the current move fits within a wave-4 correction. If that’s accurate, a fifth wave lower could still play out. He marked possible downside targets near $118 and $107. The $146–$149 area is being watched. A close above this zone would weaken the bearish view. Until then, the structure remains vulnerable to reversal. Elsewhere, CryptoCurb pointed to a MACD buy signal on the 3-day chart,...

https://cryptopotato.com/solanas-rally-approaches-key-146-resistance-breakout-or-rejection-next/