- Solana holds firm at $140 support, with traders now eyeing $195 as the next resistance level.
- $150–$155 is a key pivot zone; a breakout above could confirm bullish continuation toward $195.
- Inverse head and shoulders pattern forming, with a potential breakout target of $192 if $158 neckline clears.
Solana is showing early signs of strength after bouncing from a major support zone near $140. The cryptocurrency is currently trading around $149.53, recovering steadily from recent lows. Market participants are now watching well-defined levels that could shape Solana’s next move, with $195 as the next key target.
Support Zone at $140 Holds Firm as Buyers Return
According to an analysis prepared by Crypto General, Solana recently rebounded from the $140 support area. This level has served as a base during several pullbacks and continues to attract renewed buying interest.
Volume remains lower than average, but the price structure suggests that traders are positioning for a breakout. The support range between $140 and $142 was tested multiple times in June, and each test saw buyers step in.
Maintaining this level is essential to preserve Solana’s short-term trend. As long as SOL stays above this zone, the outlook remains constructive. The local pivot to watch is between $150 and $155, which marks a key short-term decision point.
Resistance Near $195 Remains the Next Target
The next major resistance for SOL stands around $195, which previously served as both support and resistance. According to an observation by Zeus via X, price action is testing a descending trendline around $154–$155. A breakout above this range could trigger stronger momentum and a potential move toward $195.
Technical formations are now aligning, with an inverse head and shoulders pattern developing. Analyst Gordon has identified the neckline at $158, with a target of $192 upon breakout.
If Solana holds above $149 and pushes through $155, this structure could complete. The area between $147.93 and $149.36 remains key for short-term support, especially after the ETF news spike.
