Solana (SOL) saw a sharp intraday sell-off after failing to break through the $158–$159 resistance zone, triggering a wave of selling that pushed the token through key support levels on heightened volume.

The breakdown began in the 13:00 hour, when sell-side pressure surged and volume spiked past 1.1 million. SOL quickly breached the $153.10–$153.30 support band, confirming a shift in momentum and setting the stage for further downside.

Although a brief bounce has lifted SOL slightly above $153, the broader trend remains under pressure, with a series of lower highs and weakening support suggesting sellers remain firmly in control.

Technical Breakdown:

• Multiple Rejections: Attempts to clear $158–$159 resistance failed, triggering a 4.48% slide from peak to local low.
• Support Breach: Price cracked below $153.10–$153.30 on rising volume, confirming a bearish break.
• Late-Session Drop: SOL declined from $154.53 to $151.89 in the final trading hour — a 1.7% fall.
• Volume Surge: Heavy selling observed at 13:40 (36K) and again at 13:48 (59K), signaling capitulation by short-term holders.
• Shallow Rebound: Price has recovered to $153.81, with initial support near $152.50, though momentum remains weak.
• Bearish Structure: Persistent lower highs and high-volume sell candles reflect ongoing downward pressure.
• Critical Levels: Bulls must reclaim $153.30 to shift sentiment; failure to do so leaves $150 as the next major level to watch.

Unless Solana can reestablish strength above broken support, technical signals continue to point toward a potential retest of the psychologically significant $150 zone.