Solana hits major resistance again – but something’s different this time

Solana is approaching the significant $145 resistance, a level that previously caused downturns. Current trading volume has diminished despite its recent climb, reflecting uncertain market sentiment.

If Solana can surpass the $148 mark, analysts foresee a bullish trend that could see prices surge to $184. However, the current indicators suggest that bullish momentum has not yet been established.

$21 million in SOL inflows to exchanges raises concerns about potential sell pressures. This significant movement suggests caution among traders, as many are positioning themselves for possible downturns.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts