Solana’s Price: Holding On By a Thread at $143 After Weeks of Slump. Here’s Why It’s All Over the Place!

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Well, look at that-Solana’s price is hanging on to a key $143 support level after what feels like a never-ending, multi-week slide. It’s like a bad episode of a reality show that just won’t end. And now, we’re all waiting for the dramatic comeback… or the catastrophic collapse. Who knows? Get your popcorn ready! 🍿

  • It bounced off a multi-year demand band, where buyers have “defended” the price like it’s their firstborn child-except it still can’t manage to stay above the important moving averages or a major volume node. Real confidence booster, right? 🤦‍♂️
  • Analyst DaanCrypto thinks we might be nearing the “exhaustion” stage of this downtrend. That’s a nice way of saying, “It can’t get any worse, can it?” Apparently, this level’s a “high-timeframe” level (don’t ask me what that means, I’m just reading the notes) and could lead to a tiny glimmer of hope for the bulls. 🐂
  • In simpler terms: If Solana can hold $143, it might slowly crawl its way up to higher resistance zones. But-surprise, surprise-if it doesn’t, we’re looking at some much lower levels. Cue the sad trombone. 🎺

According to the ever-hopeful DaanCrypto, Solana’s price managed to rebound from this “demand zone” over the last two years, where buyers have been defending the price like it’s a cheap coupon for tacos. But, let’s be real-it’s still below the key volume node, like that one friend who always says they’ll show up to the party and never does.

The technical indicators? Oh, they’re just hanging out in neutral territory, like they don’t know what’s going on either. No signs of panic selling yet, but not exactly a wild bull run either. Just… there. Sort of like your phone’s battery when it’s at 2%. You hope it holds up, but you’re not sure. 🔋

But wait-DaanCrypto has a silver lining! Apparently, this $143 level is crucial. Like, “if it holds, we’ve got a shot at turning things around.” He points out that there’s resistance right around $145-so it’s a nail-biter. One false move and it’s back to square one, where everyone’s just staring at the price, wondering if they should sell or buy the dip. 🙄

$SOL Has been in a big slump. But with the first signs of life from some SOL memes, and SOL sitting at high timeframe support, it got my attention.

Key area locally at ~$145, which is the high volume node from this past 2 years of price action.

If it can get back above that,…

– Daan Crypto Trades (@DaanCrypto) November 25, 2025

So, yeah, some meme coins are trying to give Solana a little spark-thanks, memes! 😂 And despite it all, there’s some hope. The next few weeks? Oh, they’re going to be “critical,” just like your New Year’s resolution to eat healthier. It could either be a slow recovery or… well, the exact opposite. 😬

And here’s the kicker: If Solana can keep its head above water at $143, it might just inch toward higher resistance zones. But-again, big but-if it falls below, don’t be surprised if we see a much lower dip. I mean, it’s cryptocurrency; it does what it wants, right?

So, at the end of the day, Solana’s chilling at one of its most pivotal levels of the year, waiting for either a miracle or a major crash. Stay tuned! 🔮

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2025-11-27 11:41