The current funding rate for SOL is negative at -0.0060%, reflecting bearish sentiment. The open interest has decreased to 3.94 billion USD, signaling reluctance among traders, which supports the potential for further price drops.

SOL is presently trading at 137.70 USD, close to a critical support level of 136.62 USD. If this support fails, prices may decline to around 120.72 USD, whereas a bullish shift could propel SOL up to 182.31 USD.