Solana at a Crossroads: $130 Support Holds the Key to Next Bullish Wave
Solana (SOL) is currently undergoing a critical technical test, with its price consolidating around the pivotal $130 support level. As of December 2, 2025, SOL is trading at $129.28, marking a 4.97% decline over the past 24 hours. This level is not just a psychological round number but a historically significant zone that has previously acted as a launchpad for substantial upward movements. The market's attention is intensely focused on whether this support will hold, as a successful defense could set the stage for the next major bullish phase. The price action around $130 is being closely analyzed against the backdrop of notable liquidity clusters identified between the $130 and $150 range. These clusters indicate areas where a high volume of buy and sell orders are concentrated, often acting as magnets for price movement. The presence of strong liquidity in this band suggests that a break above it could encounter significant buying pressure, potentially fueling a rapid ascent. Conversely, a failure to hold $130 might see SOL seek liquidity at lower levels, with the next major support zones likely coming into play. From a technical pattern perspective, analysts are observing the formation of potential bullish reversal signals as SOL interacts with this key support. The repeated testing and holding of the $130 area could be forming a solid base, a pattern often seen before significant breakouts. The current consolidation is viewed by many practitioners as a healthy correction within a larger bullish structure, allowing the market to absorb selling pressure and build energy for the next leg up. The overall sentiment, while cautious in the short term due to the recent dip, remains fundamentally optimistic regarding Solana's long-term trajectory, given its robust ecosystem and high throughput capabilities. The immediate future for SOL hinges on its ability to maintain the $130 floor. A decisive bounce from this level, accompanied by increasing volume, would be a strong technical confirmation of strength and could trigger a rally towards the $150 liquidity zone and beyond. Market participants are advised to watch for a daily or weekly close above $130 as a potential entry signal. In the broader context of the cryptocurrency finance sector, Solana's performance at this juncture is seen as a bellwether for altcoin strength, making this a pivotal moment not just for SOL holders but for the wider digital asset market.
Solana Price Prediction: SOL Tests Critical Support at $130 Amid Liquidity and Pattern Signals
Solana's price hovers NEAR $130, a pivotal support zone that could dictate its next major move. The cryptocurrency, currently trading at $129.28, reflects a 4.97% decline over the past 24 hours. Market participants are closely watching whether this level holds, as it has historically served as a springboard for upward momentum.
Liquidity clusters between $130 and $150 suggest strong market interest, with $130 acting as a magnet for price action. Analysts note that Solana's ability to maintain above this threshold could pave the way for a rally toward $150–$165. The wedge patterns and high-timeframe market structure further bolster the bullish case, provided demand persists.
Brave New Coin data underscores Solana's position slightly below mid-range levels but above key weekly support. The density of resting orders in the $130–$150 range, highlighted by liquidity maps, indicates potential for significant price rotation. Solana's resilience in this zone may determine whether it revisits lower liquidity pockets or ascends toward higher targets.
Solana (SOL) Eyes Rebound After Testing Key Support Level
Solana's SOL token shows early signs of a potential rebound after testing the $123 support level, with technical indicators suggesting upward momentum. The TD Sequential indicator flashes a buy signal, historically reliable for SOL since March 2023.
Currently trading at $126.20 with a $70.78 billion market cap, SOL's slight 1.14% dip draws trader attention. Analysts note the altcoin could target the $125.5 Fair Value Gap if buying pressure accelerates.