Solana’s price is currently in a precarious state. Whale activities hint at potential bullish movements, particularly after a significant whale deposited 8.09 million USD and placed a buy order for SOL.
SOL experienced a 2.48% price increase to approximately 140 USD, and the trading volume surged by 25% to 5.05 billion USD, indicating a strong investor interest and a bullish sentiment among traders.
SOL may face resistance around 145.85 USD. If it breaks this level successfully, it could lead to a 15% price rally, hitting around 168 USD. Otherwise, a price reversal might occur.
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