Technical analysis by The_Alchemist_Trader_ about Symbol SOL: Sell recommendation (11/13/2025)

Solana is currently trading above the $146 support, a region that has historically held price through multiple retest attempts. The recent failed rally above $167 resulted in an engulfing candle, highlighting weakness and renewed selling pressure. Key Technical Points: - Support: $146 key daily level - Resistance: $167 recent rejection zone - Downside Target: $112 if support fails The $146 level now acts as a make-or-break zone for Solana’s short-term structure. If price continues to respect this region, a rebound back toward $167 remains possible; however, a confirmed breakdown below support would open the probability for a deeper corrective move toward $112, aligning with previous demand and liquidity zones. The rejection at $167 combined with weakening volume suggests the upside momentum has faded, and market participants are cautious near current levels. Maintaining structure above $146 is essential for Solana to avoid transitioning into a broader bearish phase. From a market structure standpoint, Solana is at a key trade location — holding $146 keeps the chart neutral-to-bullish, while a loss of this level would likely accelerate downside continuation.