Solana (SOL) has recently been stuck, with the price hovering around the $159 mark. After multiple attempts to break through, SOL fell below $148, breaking the 20-day moving average support.

The current market shows that the 20-day moving average is flattening, and the relative strength index (RSI) is slightly below 50, highlighting a balanced situation between bulls and bears. This market pattern suggests that the supply and demand relationship is temporarily in a state of equilibrium.

If buying pressure can push SOL above the resistance level of 159 dollars, bulls are expected to regain control of the market direction. Once the breakout is successful, SOL may move towards targets of 168 dollars or even 185 dollars, initiating a new round of upward space.

However, if SOL cannot stabilize above the 20-day moving average support at $148, it may trigger further falls, with the next key support level around $140. If this level is also broken, SOL is likely to accelerate its decline to $126.

From the 4-hour K-line chart, SOL has broken below the 50-day moving average, indicating that short-term pressure has significantly increased, with the current price hovering around 145 dollars. If it can rebound strongly from this position, it suggests that buying activity at low levels is still active, and SOL may once again attempt to push towards 159 dollars.

It is worth noting that if SOL can stabilize above $159, it will complete a bullish inverted head and shoulders pattern, with a potential target price of up to $192. Conversely, if the price falls below the support at $145, the next important support level will be $137, which will be the last line of defense for the bulls. If $137 cannot hold either, the downward trend may further extend to $130.

Currently, the price trend of Solana is at a critical turning point, and investors should closely monitor the changes in the aforementioned key price levels to seize potential investment opportunities or mitigate risks.