$SOL /USDT Market Update — Bears Maintain Pressure as Price Pulls Back to $133
The SOL/USDT pair is currently trading around $133.95, reflecting a -4.28% decline in the last 24 hours as selling pressure continues across the broader market.
Over the past few days, Solana has struggled to break above resistance, with recent attempts near the $140–$145 zone failing to hold. The chart shows:
🔹 Key Technical Highlights
24h High: $140.75
24h Low: $130.73
Volume: 3.26M SOL
Trend: Bearish momentum continues
MA(7) & MA(25) remain below the MA(99), confirming downward pressure.
Price recently bounced from the local support near $121.66, but upward momentum remains weak.
Market Structure
After previously hitting $205, Solana entered a strong correction phase, forming lower highs and lower lows. Current movement suggests consolidation in the $130–$140 range before the next major direction.
🔹 Important Levels to Watch
Resistance: $137 – $145
Support: $130 and $121
A breakout above $145 could shift the momentum back toward the bulls, while losing $130 may open the door to further downside.
📌 Conclusion
Solana holders are watching closely as the market waits for a decisive move. While short-term sentiment is bearish, strong volume near support zones indicates traders are preparing for volatility.#BinanceBlockchainWeek #BinanceAlphaAlert #solana #SOLUSDT #solanAnalysis $SOL
