SOL, from $139 to an adjustment phase... an important milestone traders are watching closely

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Looking at Solana’s current trading situation, SOL/USDT is hovering around $134.99, up +2.34% in the past 24 hours, and the market remains active. However, after reaching a high of $135.52 earlier, there is an increasing pressure for correction.

This pullback may not be just a temporary dip but could also signal a shift in trader sentiment. The upward trend aiming for $139 has temporarily halted, and the recent low of $131.36 is beginning to serve as a volatility zone for support. With volatile price movements expected within this range, the key points to watch are which support levels will hold or if the decline will continue further.

On the technical side, levels around $132–$133 are likely to act as minor supports, and breaking below this could increase downward pressure. Conversely, if buying support holds in this area, there is a good chance of attempting to retest higher prices again.

The price action in the next few hours will be a critical point that could determine traders’ decisions, so keeping an eye on the SOL chart is essential. Proper risk management and preparation to seize opportunities are crucial.

SOL-0.48%
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