SOL is hovering around $140 with solid momentum—up 2% over the last 24 hours and 11% this past week, backed by trading volume exceeding $5.5 billion. The token is now facing key resistance at $146 to $149, and how it performs at these levels will be critical.

There's a fork in the road ahead. If SOL struggles to break through this resistance zone, analysts are flagging the risk of a wave-4 correction that could send it down to $118 or even lower toward $107. That's the bearish scenario traders should keep an eye on.

On the flip side, the MACD is flashing a buy signal, which has some analysts eyeing a push toward $200-plus territory. The bullish case gains traction if SOL manages to close and hold above current resistance levels. Either way, the next move should clarify the near-term direction.