SOL Dips 4% Ahead of Solana Company's Q3 Results
SOL weakened roughly 4% ahead of a Solana company's Q3 results, putting short-term focus on the $153–$155 support band. Traders say a decisive break below that range could prompt further selling pressure toward the $145 area, as stop orders and reduced confidence amplify moves. Volume and order-flow around these levels will be key to confirming next steps.
On the upside, better-than-expected earnings or visible ecosystem growth could reverse sentiment and push SOL into the $160–$163 zone, likely drawing momentum buyers and short-covering. The situation underscores how corporate results and on-chain development milestones remain drivers for token price action. Market participants should expect heightened volatility near the release and consider position sizing and defined risk levels ahead of the report.