币界网报道:Solana (SOL) has maintained a crucial support level at $139 despite undergoing a wave 4 correction, according to technical analysis. The cryptocurrency, which recently surged to new highs, is now consolidating within a bullish pattern, suggesting potential upward momentum if it holds above this key level. Analysts note that SOL's price action aligns with Elliott Wave Theory, indicating the current pullback as part of a natural correction phase before another potential rally. Market observers highlight strong buying interest near the $139 zone, which previously acted as resistance and has now flipped to support. Should SOL sustain above this level, the next target could be around $250, while a breakdown might lead to a test of lower support near $120. The broader crypto market sentiment remains cautiously optimistic as traders watch for SOL's next move amid ongoing network developments and growing DeFi activity on the Solana blockchain.