Solana tested the Golden Pocket support level and experienced a technical bounce, but the overall bearish trend is still ongoing.
Key levels and market structure indicate that a breakout above $150 could signal a bullish reversal, but Solana needs to reclaim levels above $158 and $168 for a sustainable shift.
Failure to clear resistance at $150 may lead to a focus back on the $135–$131 support zone, potentially sliding SOL toward $117.
The current price action for Solana signifies a crucial moment with a need for a breakout above resistance to trigger a sustained bullish movement; otherwise, the bearish structure may persist.