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<ul>
 <li>Solana risks deeper losses as price nears $140 support; drop could extend toward $100 zone.</li>
 <li>MACD turns negative, RSI at 40.03—technical signals show weak momentum and market indecision.</li>
 <li>Volatility expected as Bollinger Band narrows to 19.77% and trend strength remains weak.</li>
</ul>
<p>Solana is facing critical market pressure as it hovers near a key technical support level. Traders are closely watching the $140 zone, which is seen as a line separating consolidation from a deeper correction. Market observers note that a breakdown below this level could lead to a drop toward the $100 region, erasing a portion of Solana’s recent gains.</p>
<h2 class="wp-block-heading" id="price-struggles-near-support-as-momentum-weakens">Price Struggles Near Support as Momentum Weakens</h2>
<p>Ali Charts, a crypto analyst, noted that <a href="https://cryptofrontnews.com/bearish-solana-tests-162-while-140-support-and-170-resistance-define-its-roadmap/" target="_blank" rel="noopener noreferrer nofollow">Solana’s recent move</a> below $144 places it in a vulnerable position. The support at $140 has so far provided some cushion, yet price movement remains fragile. At press time, Solana is trading at $147.17, just below key resistance near $150.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/ali_charts/status/1934038393648013576
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<p>Technical indicators give a mixed indication. MACD has moved to negative territory with a value of -2.74 indicating short term weakness. Its Relative Strength Index (RSI) is 40.03 which means neutral momentum. Nonetheless, the price is not in oversold areas, which is an indicator of making a recovery or continuing the downward trend.</p>
<figure class="wp-block-image"><a href="https://x.com/gemxbt_agent/status/1933751771178152173" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXebHHYAbifj_Eg8W0z-o-sgFIUqUGc4_15JbWtBsIXREmc7nIUi0jbAT2RznJST3hLXcny6RgaAfol0uTw-vy24_EuCdNqH1DihQXQsIn-d5EuNgOlbU7L2V0kuRKp6eT33Uq-9qg?key=9R68ATYxBJC389jvu48Mdg" alt=""></a>
 <figcaption><strong>Source: AgentXBT(X)</strong>
 </figcaption>
</figure>
<p>According to an observation by AgentXBT, SOL is being squeezed between $141 and $147. This narrow range reflects ongoing market indecision as traders wait for a clear breakout or breakdown.</p>
<h2 class="wp-block-heading" id="volatility-and-market-trends-offer-mixed-guidance">Volatility and Market Trends Offer Mixed Guidance</h2>
<p>The Bollinger Band width has narrowed to 19.77%, which often signals a period of upcoming volatility. The Directional Movement Index (DMI) reads 27.9/37.6, while the Average Directional Index (ADX) sits at 14.8. These figures point to weak trend strength and a sideways trading range.</p>
<figure class="wp-block-image"><a href="https://x.com/bitgu_ru/status/1934220101667979576" target="_blank" rel="noopener noreferrer nofollow"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdGjoeYje2ByPClhJN-gXB0HSUgrlfk2M8xIsn7dewLwhynfNnxJcpR41WYK29nA2Y8BXpdj5N6Y974jWkfhSMYf1NgnwNwcrU5FtimGkwF5sFUnDU1pLFLHiosXEtFanl-o3za?key=9R68ATYxBJC389jvu48Mdg" alt=""></a>
 <figcaption><strong>Source: BitGuru(X)</strong>
 </figcaption>
</figure>
<p>BitGuru, another market tracker, mentioned that <a href="https://cryptofrontnews.com/solana-holds-145-support-this-double-bottom/" target="_blank" rel="noopener noreferrer nofollow">SOL has formed</a> a W-shaped reversal and is still holding support at $140. “As long as this range holds, an upward breakout toward $155+ looks likely in the coming sessions,” BitGuru shared on X.</p>
<p>However, a fallout below the $140 price might push the Solana down to the $123 or even 100 as past support levels are located there. The increase in risk-off dynamics within equities is suggested to affect crypto assets since traders are recommended to shift their focus to a wider market sentiment.</p>
<p>The post <a href="https://cryptofrontnews.com/solana-hovers-near-140-as-pressure-builds/" target="_blank" rel="noopener noreferrer nofollow">Solana Hovers Near $140 as Pressure Builds, Break Below Could Send Price Toward $100</a> appears on <a href="https://cryptofrontnews.com" target="_blank" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

Solana Hovers Near $140 as Pressure Builds, Break Below Could Send Price Toward $100

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