Solana Faces Critical $150 Support Test as Volume

Solana Faces Critical $150 Support Test as Volume Declines

Solana’s rally lost steam after rejection at $205, now trading near $185. Analysts warn that if Solana fails to reclaim the $188 resistance, the price could tumble toward the critical $150 support zone — a level that previously sparked accumulation in May and June.

Trading volume has weakened, signaling profit-taking rather than long-term accumulation. On-chain inflows of $15.18 million suggest heightened volatility as both retail and institutional investors reposition. If Solana cannot defend the $170–$179 support, analysts expect further downside before any push back toward the $210–$218 range.

In short, Solana’s near-term outlook depends on whether bulls can reclaim $200 or risk deeper correction toward $150.