Overview
- SOL trades around $132–$133 in a narrow range above long‑term support after this year’s retracement.
- A falling‑wedge breakout was noted on the daily chart, yet follow‑through is limited and no daily close above $140 has been recorded.
- Price remains below declining moving averages, with indicators showing fading selling pressure but no confirmed trend reversal.
- Order book data show thick bids below and firm offers above, keeping price constrained between the $120–$125 demand zone and $150–$185 resistance.
- Some analysts expect a resolution before Dec. 27 and outline upside scenarios toward $185 and beyond, presented as projections rather than established outcomes.