Solana price analysis (Neutral) — 141.59 USDT (-0.71% 24h)

SOL is showing consolidation around the $141.50 level after a modest 0.7% decline over the past 24 hours. The current price sits just above the 20-day SMA ($141.07) but below the 50-day SMA ($141.36), indicating near-term indecision in the market. With RSI at 40.25, SOL is approaching oversold territory, suggesting potential for a bounce if buying pressure emerges. The 24-hour trading volume of $309 million demonstrates healthy liquidity, while volatility remains moderate at 4.3%. Traders should watch for a decisive break above the $142 resistance level for bullish confirmation, with support likely forming around $138. Consider scaling into long positions on dips toward $139 with tight stops, while aggressive traders might short rallies toward $143 if momentum falters. The current setup favors range-bound trading until clearer directional momentum emerges.