Is $140 the next target as Solana tests key demand zone?

Solana is retesting the $145-$155 demand zone, maintaining the $150 support level, yet a dip to $140 is imminent. The price fell nearly 10% from this week’s peak of $171.9 to around $155 recently.

With technical analysis showing bearish trends, lower highs, and pressure from selling, a decline to $140 is likely. Bitcoin’s position above $98k-$100k will be critical for Solana’s future performance.

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