Can Solana Hold $140? SOL Faces Major Test Amid Liquidity Changes

Solana is entering one of its most important moments of the year as its price movement continues to compress just beneath the $140 area. Traders are watching closely because this region has repeatedly acted as a turning point after months of uneven performance. 

Liquidity behaviour, whale transactions, and shifting sentiment from KOLs have created a complicated backdrop. 

The market is deciding whether Solana’s support structure will hold or whether the ongoing pressure will push SOL toward lower areas that traders hoped were already behind them.

Why Is Solana Struggling Near $140?

Solana has remained trapped in a narrow structure for weeks, and the $138–$140 range has become the centre of the conversation. Recent trading shows SOL hovering around $138 after recovering from $128, but it still sits beneath a dense ceiling of moving indicators. 

The EMA around $138 continues to reject price attempts, creating a visible wall that traders cannot ignore. This alone has made buyers more cautious than usual.

Short term readings remain inconsistent. Momentum indicators such as RSI remain above the midpoint, while MACD leans slightly positive. 

These show that buying interest exists but has not grown strong enough to drive a clean breakout. Every attempt near $140 fades before gaining traction, revealing the same hesitation that has characterised this entire period.

The social media predictions have become a point of friction as well. While Solana’s market cap has dropped roughly 40.5% in the past two months, many influencers had projected the opposite outcome. 

This gap between public opinion and actual performance has made traders increasingly suspicious of social sentiment. 

Tools like performance trackers for KOL accuracy have become more relevant as users search for signals that reflect reality rather than expectation.

Liquidity behaviour adds another layer. One whale transferred 100,000 SOL to Binance, and more than 600,000 SOL has moved to exchanges since April. 

These movements are not catastrophic on their own, but they reinforce resistance zones and signal that large holders remain cautious. 

The same wallet still stores more than 700,000 SOL, meaning additional liquidity could enter the market if price approaches previous distribution levels.

Until Solana closes a candle above $140 and holds it, traders remain in a waiting pattern. Gains remain limited, risk remains elevated, and the structure demands confirmation that buyers are ready to retake control.

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What Could Push Solana Higher or Lower as Liquidity Shifts and Key Levels Tighten?

Solana’s next major movement depends on how the market reacts around the boundaries of the current range. 

Price has stayed between $125 and $145 for almost a month, creating a compressed formation that often precedes decisive moves. Each time price tests the $145–$146 region, sellers defend aggressively. 

Each time price dips toward $125, buyers appear. This has created a temporary equilibrium, but one that rarely lasts long in volatile markets.

One of the more useful indicators in this period has been Chaikin Money Flow. CMF recently attempted to build a series of higher lows, suggesting that some larger participants were still willing to support price. 

However, its latest movements show weakness as CMF slipped under the zero point again. If the trendline created by earlier inflows breaks, the $125 support becomes vulnerable.

Spot and futures positioning shows dense activity around $132–$136. This area has become a congestion point where traders enter and exit quickly, creating noise that prevents clean direction. 

Solana will need a catalyst strong enough to override this behaviour before a convincing move occurs.

On the upside, the most important level remains $146. If SOL closes a daily candle above this barrier, it breaks the ceiling that has blocked every rally for weeks. 

A break above $146 opens a path toward $164–$165, which represents around 23% to 25% upside from current prices. This target aligns with previous trading clusters and offers enough space for momentum to build if sentiment improves.

Solana’s network performance continues to support the bullish case. It has led DEX volume for 16 consecutive weeks, demonstrating that real activity has not faded despite price uncertainty. 

High DEX participation does not guarantee appreciation, but it does show that users continue to rely on the network in meaningful ways.

On the downside, losing $125 places price at risk of falling toward $121. A deeper failure could expose far more severe levels if broader sentiment collapses or if whale outflows intensify. 

Analysts on X have discussed bearish scenarios that reach significantly lower numbers, although these are tied to large scale liquidity exits rather than normal fluctuations.

The market is approaching a point where indecision can no longer continue. A break above $146 or a loss of $125 will determine Solana’s direction into the final weeks of the year.

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How Can Traders Position Themselves on Bitrue While Solana Approaches a Breakout?

Bitrue is one of the simplest platforms for traders who want to react quickly to Solana’s tightening structure. 

Before you trade, set up your account so you can open positions without delay. Bitrue allows you to search directly for SOL and handle market or limit orders with a clear interface.

1. Open the Bitrue app.

2. Go to the Alpha section on the homepage.

3. Enter SOL in the search bar.

4. Select the SOL or SOL trading pair you want to use.

5. Choose between a market order or a limit order.

6. Type the amount you wish to buy or sell.

7. Confirm your order.

8. Check your updated balance in the spot wallet.

These steps help traders stay prepared for sudden market shifts, since Solana’s price can move quickly once the current range breaks. Bitrue makes it easy to move from analysis to execution, especially during periods where timing matters more than usual.

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Conclusion

Solana is preparing for a critical decision point as price compresses under $140. Liquidity behaviour, influencer sentiment, and whale movements all create pressure around the current range. 

A clean move above $146 could bring a strong recovery toward $164–$165, while losing $125 exposes the next support near $121. As traders wait for confirmation, Bitrue offers a direct and reliable way to position for either outcome. With volatility likely ahead, staying ready is essential.

FAQ

Why is $140 so important for Solana?

It has repeatedly acted as a barrier where buying momentum fails to continue.

What makes the $146 level significant?

A close above $146 signals a breakout from the month long range and opens room toward $164–$165.

How does liquidity affect Solana’s movement?

Large transfers to exchanges increase selling pressure and limit recovery attempts.

Can Solana fall below $125?

Yes, losing $125 exposes $121, especially if CMF weakens and whales keep distributing.

Where can I trade Solana quickly?

Bitrue allows fast access to SOL pairs with simple tools for entering and managing positions.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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