The post Solana Bulls Take a Breather at $123, But Digitap ($TAP) Staking Rewards Aim Higher appeared on BitcoinEthereumNews.com.

Solana’s price action has cooled heavily over the past few months , with $123 now acting less like support and more like a ceiling. Each attempt to reclaim that level has faded quickly, showing that buyers are struggling to regain control. After months of volatility, SOL holders are facing the same bear-market reality seen across large caps: rallies are brief, and downside pressure keeps returning. In conditions like this, capital often rotates away from majors and toward projects offering structure and predictability. That is why crypto presale opportunities with real utility start to stand out. Digitap ($TAP) fits that shift, combining staking rewards, live banking infrastructure, and accelerating presale traction at a time when many traders are actively searching for the best crypto to buy now. Solana Price Analysis: Why the Chart Still Looks Heavy Solana’s broader structure continues to lean bearish. Price remains well below recent highs and has failed multiple times to reclaim the $123–$125 zone, which now acts as firm resistance. Each bounce into that area has been met with selling, reinforcing the idea that bulls are reacting rather than leading. Source: TradingView Support currently sits near the $118–$120 range, with buying interest weakening on repeated tests. A breakdown below that zone exposes the psychological $110 level, where buyers may attempt stabilization. Momentum indicators reflect this hesitation, with RSI struggling to sustain any move into bullish territory. The 200-day moving average remains far above current price, and SOL has spent an extended period trading below it. That positioning often defines the dominant trend, and right now it continues to cap upside attempts. Until price can reclaim and hold above that level, upside follow-through remains limited. Overall, Solana’s chart still reads as distribution rather than recovery. For traders scanning altcoins to buy, this type of structure usually signals…

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Filed under: News - @ December 27, 2025 3:05 pm