Solana (SOL) has entered a critical technical zone after tagging $146.50 — the exact level many traders highlighted as a short-term target. The move pushed SOL directly into a dense resistance cluster created by past swing highs and key Fibonacci extensions. Although price briefly pushed above $144.60, the zone remains heavily contested, with sellers defending it aggressively. As of now, SOL trades near $141–$142 after a flat week, holding structure but showing hesitation.

This pause raises the core question dominating trader sentiment: Does Solana have the strength to break through, or is a corrective phase now forming?

Structurally, SOL has completed a clean five-wave expansion inside a broader A–B–C pattern — a formation often seen near turning points. Some analysts argue that a local wave-four top could be forming, though there is no technical confirmation of a market top yet. That confirmation sits at $134.80. As long as SOL remains above this zone, the bullish structure remains technically valid, and another higher high is still in play.

Analyst commentary reinforces this caution. As one observer noted: “$144 remains a key hurdle for Solana — a failure to reclaim it with strength may lead to a deeper pullback before the next attempt higher.”

If SOL fails to reclaim resistance, the market shifts its attention toward three major support zones: $138–$140 (short-term demand), $134.80 (structure-defining level), $130 (historical reaction zone). A firm break below $134.80 would mark the first legitimate invalidation of the bullish structure and open the door to a deeper corrective phase.

On the upside, reclaiming $144.60 with strong volume would aim Solana toward the next extension zone at $152.60–$157.30. A clean breakout with acceptance above $146.50 increases the probability of a fast move toward $157, currently viewed as a magnet level for any continued trend expansion.

According to analysts at ATH.LIVE, Solana is no longer in a simple trading range — it is in a decision zone. This is where strong hands typically accumulate and weaker positions are flushed out. ATH.LIVE highlights three realities shaping the current market:

• Solana has completed a major technical objective: the $146.50 target has been hit.
• The market is hesitating at structural resistance.
• Behavior around $134.80–$140 will define the next 2–4 weeks.

If buyers fail to overpower resistance quickly, larger players may allow price to drift downward to stronger liquidity zones where the risk/reward is cleaner. But if SOL maintains structure and reclaims the resistance band with conviction, ATH.LIVE expects sidelined capital to rush back in — pushing Solana toward the $152–$157 region.

As ATH.LIVE summarizes: “Solana isn’t weak — it’s being tested. And only strong assets are tested at key levels.” This moment is not a top — it is a truth zone for Solana’s trend.