# SOL has dropped 12% in the past week, struggling to regain bullish momentum after rejection at $145. The CMF indicates selling pressure, which could keep SOL between $116 and $125 in the short term. Solana’s price is likely to break down below the symmetrical triangle and might hit a new yearly low.
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#Solana (SOL) Faces Continued Pressure #After $145 Resistance Rejection
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SOL has dropped 12% in the past week, struggling to regain bullish momentum after rejection at $145.
The CMF indicates selling pressure, which could keep SOL between $116 and $125 in the short term.
Solana’s price is likely to break down below the symmetrical triangle and might hit a new yearly low.