Will Solana Crash? $180 Rejection Points to Critical $125 Test

Solana Faces Critical Resistance at $180

solana (SOL) is at a crucial point after hitting the $180 resistance. The price briefly rose above this level but quickly fell back. this suggests a possible move toward the $125 support if $180 isn’t reclaimed.

The recent price action near $180 shows a deviation pattern. The price closed above $180 but couldn’t hold, indicating strong selling pressure. This means bulls are having trouble breaking through, and $180 remains a strong resistance.

Key points to watch:

• Resistance Deviation: The price briefly closed above $180 but fell back,showing rejection.
• Support Zone: $125 is a major support level on the daily chart.
• Moving Average: The 200-day moving average is critical. A break below it could lead to more downside.

If $180 continues to resist and Solana falls below the 200-day moving average, expect a move toward $125. This could be a good entry point for traders looking for a bounce.

Though, if Solana strongly reclaims $180 with high volume, it could signal a return to bullish momentum.Traders should watch volume trends and moving averages for confirmation.

For more insights, check the SOLUSDT (1D) chart.