Can Solana (SOL) Hold Above $130 Before Q2 Ends? 📉
Solana has experienced a significant decline in value, dropping nearly 10% due to geopolitical tensions between the US and Iran, affecting its price stability.
As the second quarter of 2025 nears its end, Solana's price risks falling below the critical $130 support level, with key indicators remaining bearish.
The Chaikin Money Flow (CMF) indicator continues to show negative selling pressure, while the Elder-Ray Index suggests sellers dominate, strengthening bearish forecasts for Solana.
If Solana fails to hold above $134, the price may drop to $123.49, unless bullish momentum drives it back up to $142.59.
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