Technical analysis by AzizKhanZamani about Symbol SOL: Sell recommendation (4/21/2025)

Solana rallied from sub-$100 support but is now facing heavy resistance near $149 — a level packed with technical confluence. The move up has been met with declining volume, and early signs of rejection are already surfacing on the lower time frames.Key Points:Price tapped the 2024 point of control at $149, overlapping with VWAP and the 0.618 Fibonacci.Volume remains weak, signaling potential exhaustion in the current bounce.Unless bulls reclaim $149 convincingly, this area is likely to act as a ceiling, pushing Solana back toward the value area low at $113 or even a retest of the $100 daily support. A breakdown below $113 could accelerate the move lower, so this remains a key swing level to watch.