Overview
- Solana failed to hold above $146 and slipped below $145, with analysts watching for bids around the $140 area.
- Charts show a clear bearish RSI divergence at the $146 range high, highlighting fading upside strength at resistance.
- Short‑term indicators weaken the case for a rebound, with the hourly MACD in the bearish zone and RSI below 50.
- Traders cite the Point of Control as the key trigger, warning that a decisive break below it could open downside toward $117 support.
- A bullish path still exists if price secures daily acceptance over roughly $144–$146, which could refocus targets near $155–$165.