Solana's recent trend has indeed attracted a lot of attention. After breaking through the key level of 142.14, the next target prices are:
First is 144, which is a short-term ceiling. If it can break through smoothly, 153 becomes the next reference point—this is calculated based on Fibonacci retracement. Looking further up, the range of 163 to 173 is the medium-term target zone. Finally, the 187 line is very critical; before breaking it, there may be significant selling pressure, serving as the last line of defense before a true trend reversal.
Regarding support levels, there are multiple layers. The immediate support is between 138 and 136. If it drops here, don’t rush to cut losses. Deeper still, 133 is a defensive line. Further down, 121 is a macro-level support.
What is the current situation? SOL is still oscillating above the support level of 136.95, and no exit signal has been triggered yet. Holding on is fine; the key is whether 142.14 can be broken.
What’s a more prudent operation? After a breakout, consider selling in batches. For example, sell half of the position at 142 to reduce risk, then sell another 30% at 145. Conversely, if the price retraces to the 130 to 134 range, that’s an opportunity to add positions, provided you remain optimistic about Solana’s long-term fundamentals.
142.14 is not the end point, just the next station. Watch quietly and see when the breakout will occur.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
9
Repost
Share
Comment
0/400
Ser_Liquidated
· 01-09 01:12
Honestly, I've had my eye on the 142.14 level for a long time, but I don't know when it will break.
View OriginalReply0
ChainSherlockGirl
· 01-07 00:07
142.14 This threshold has really arrived; it all depends on whether SOL will perform well. But speaking of which, the Fibonacci sequence in the crypto world is like fortune-telling—sometimes accurate, sometimes not.
It's both a chance to sell in batches and to add positions... It sounds simple, but in reality, it's a psychological battle. I'll bet five bucks that when a big holder dumps, the price will break through 130 to 134.
Let's wait and see the subsequent trend. Anyway, I will continue to observe the movements of large on-chain wallet holders and see how they handle it.
View OriginalReply0
WalletWhisperer
· 01-06 16:18
ngl the fib levels here look textbook, but whale clustering data around 142 suggests accumulation phase hasn't really played out yet... oscillation at 136.95 screams indecision, market psychology's still frontrunning the inevitable
Reply0
DuskSurfer
· 01-06 02:51
Breaking through this threshold at 142 is really a watershed moment. I'm holding at 136 anyway—either break through or cut losses and find another way out.
View OriginalReply0
WenMoon
· 01-06 02:50
Honestly, I'm tired of the 142.14 level. When will it really break through?
View OriginalReply0
HalfPositionRunner
· 01-06 02:50
142.14, this threshold, feels like I have to test it repeatedly again. SOL is still following the same pattern.
View OriginalReply0
BearMarketMonk
· 01-06 02:35
This hurdle 142 really needs to be overcome, otherwise all the waiting will be in vain.
View OriginalReply0
liquidation_surfer
· 01-06 02:29
142.14 If I don't break it, I won't sell. Anyway, it's all a gambler's mindset playing here.
View OriginalReply0
BlockchainDecoder
· 01-06 02:27
From a technical perspective, the application of the Fibonacci sequence in this analysis is indeed interesting. However, it is worth noting that relying solely on price layering and ignoring volume confirmation may have vulnerabilities—according to the 2019 study by Miner et al., the effectiveness of technical indicators often requires volume support to be truly convincing. It is recommended to incorporate this dimension to reassess the breakout potential of 142.14.
Solana's recent trend has indeed attracted a lot of attention. After breaking through the key level of 142.14, the next target prices are:
First is 144, which is a short-term ceiling. If it can break through smoothly, 153 becomes the next reference point—this is calculated based on Fibonacci retracement. Looking further up, the range of 163 to 173 is the medium-term target zone. Finally, the 187 line is very critical; before breaking it, there may be significant selling pressure, serving as the last line of defense before a true trend reversal.
Regarding support levels, there are multiple layers. The immediate support is between 138 and 136. If it drops here, don’t rush to cut losses. Deeper still, 133 is a defensive line. Further down, 121 is a macro-level support.
What is the current situation? SOL is still oscillating above the support level of 136.95, and no exit signal has been triggered yet. Holding on is fine; the key is whether 142.14 can be broken.
What’s a more prudent operation? After a breakout, consider selling in batches. For example, sell half of the position at 142 to reduce risk, then sell another 30% at 145. Conversely, if the price retraces to the 130 to 134 range, that’s an opportunity to add positions, provided you remain optimistic about Solana’s long-term fundamentals.
142.14 is not the end point, just the next station. Watch quietly and see when the breakout will occur.