Overview
- Solana trades below $130 after a failed hold above $132, with an intraday low near $121 reported in the latest session.
- Repeated retests of $121–$122 alongside lower highs have formed a tightening apex that increases odds of a decisive move toward $100 if support gives way.
- Weekly closes below the EMA200 keep the higher‑time‑frame trend weak, with technicians flagging $112–$108 and potentially $89–$101 as next downside zones on a break.
- Short‑term charts show responsive demand around $123–$125, yet $128–$132 has flipped to resistance that must be reclaimed to improve the outlook.
- Charles Schwab’s listing of SOL futures opens regulated exposure for traditional investors, broadening access without shifting the near‑term technical setup.