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Solana price prediction: SOL to test the $140 support level after Pump.fun ban

  • SOL is down 3.5% recently and impacted by Pump.fun's ban and Middle East conflict.
  • Cryptocurrency market facing challenges due to ongoing conflict between Iran and Israel.
  • Bitcoin's value dropped by 3.4% in the past week, risking falling below $105k.
  • Current Bitcoin price is $105,688; total market cap below $3.3 trillion.
  • SOL among the worst performers in the top 10 cryptocurrencies.
  • Pump.fun ban on X accounts affecting SOL's performance with price at $150.08.
  • Middle East conflict impacting Bitcoin, Solana, and major cryptocurrencies.
  • SOL might test $140 support level, forming a bearish triangle.
  • Potential further drop towards $110 if SOL fails to recover at $140 support.
  • MACD indicating weakness, potential dump to $110 in the short term.
  • Ceasefire in Israel-Iran conflict could help SOL rebound to $170 resistance.

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