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>>Solana is set to revisit its November lows after a $144 rejection, but analysts remain optimistic.

Solana is set to revisit its November lows after a $144 rejection, but analysts remain optimistic.

crypthub

about 17 hours ago

Recent Price Action

Solana (SOL) slipped about 4% after failing to recapture a key resistance zone near $140. The token has been confined to the $120‑$145 range since early November, despite a 13% gain from the start of the year and a one‑month high of $143.4. At $134.9 it was down 2.3% on the daily chart.

Technical Outlook

Crypto Batman sees a possible inverse head‑and‑shoulders forming, with a neckline around $145 and support near $128‑$130 where a bullish fair‑value gap lies. He warns that a break below $128 could trigger a move toward November lows, while a right‑shoulder may push price back to the neckline for a breakout.

Bullish Perspective

King Arthur believes SOL is “waking up,” noting that a break above $143 could revive the uptrend and target $152, then $171.55. He cautions that a drop beneath $133 would signal insufficient momentum for further gains.

Market Comparisons

Analyst Crypto Jelle compares SOL’s side‑ways behavior to BNB, noting difficulty breaking the $200 psychological level and expecting a prolonged consolidation before a sudden expansion.