Solana (Sol) recovers from sharp falls to hold $ 140 while entrepreneurs are waiting for the next move

Solana’s native token, Sol

. The owner has since stabilized between $ 140 and $ 142, with support that makes up $ 140.40.

Solana’s ecosystem continues to grow, along with recent announcements including support for Bitcoin (WBTC) support on the network. The analysts remain divided into perspective, with some pointing to a potential move towards $ 200, while others expect a reef to the $ 123- $ 135 range.

Technical assessments

• Sol refused 4.9% from $ 142.91 to $ 135.96, establishing a 7.08-point trading range.
• The asset was recovered to produce a integration pattern — with between $ 140 and $ 142.
• High volume support appeared at $ 140.40 in 13:00 Hourbetween 14:32 and 14:37, Sol advanced from $ 140.48 to $ 141.40.
• Pressure sale pushed the price up to $ 140.32, then at a session of less than $ 140.29.
• A descending channel formed with lower highs and lower lowsresistance to $ 142.65 -capped price action twice.
• Concentrated quantity seller occurred during the 15:10 candle, suggesting bearish’s closely long -term feelings

Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.