### Solana's Price Tug-of-War: Long-term Holders vs. New Investors🔥

Solana is experiencing an interesting market dynamic right now! 🔍 While SOL has been attempting to recover from recent losses, long-term holders have resumed selling after a brief accumulation period, pushing the price down.

However, there's a silver lining! New addresses are surging, indicating fresh investors remain optimistic about SOL's potential despite the volatility.

Looking at recent price action, SOL has broken through the $150 resistance level that was mentioned in the news, currently trading at $150.77. The 4-hour chart shows steady upward momentum over the past 24 hours, with prices climbing from $143.38 to current levels.

For $SOL to maintain this bullish momentum, it needs to establish $152 as support. If successful, we could see further upside. If not, a consolidation around $144 or even a dip to $136 might occur.

Keep an eye on whether new investors or long-term sellers win this tug-of-war! ?

The information above is searched and summarized by AI, and does not constitute investment advice.