While Solana (SOL) experienced a slight dip yesterday, with a decline of 1.11% as per CoinStats, analysts are hesitant about the current market trend. The hourly chart indicates potential support at $141.41 but further analysis suggests that if the daily candle closes significantly away from this level, it could signal continued growth to resistance. However, on a broader time frame, buyers have failed to sustain the upward movement following the previous bullish momentum. If the current price close aligns with the present value, the accumulated energy might lead to a drop towards the $140 area.
Looking ahead, the picture remains neutral. Declining volume suggests neither side is ready for a decisive takeover, and sideways trading within the range of $130-$150 seems likely as the most probable scenario in the medium term.