Solana Price Faces Slowdown: Support And Resistance Levels To Keep An Eye On

Solana’s price action is being shaped by investor behavior at key price levels, as revealed by new on-chain data from Glassnode. Large clusters of traders have formed at both ends of the current trading range, which are now playing a central role in how Solana moves in the short term. This is especially true as overall Solana trading activity and market participation continue to slow down. $144 Resistance Builds As Break-Even Sellers Line Up According to Glassnode’s URPD chart, Solana’s supply distribution reveals a sharp cluster of holdings at $144, where 27 million SOL, close to 5% of the total supply, is currently concentrated source: https://www.newsbtc.com/altcoin/solana-price-faces-slowdown-support-and-resistance-levels-to-keep-an-eye-on/