Mohammed Adam Adam Abdurahman
--
Bullish
🚨 Solana (SOL) Price Analysis
#CryptoNews
#solana
The price of Solana has risen to 216 $ , an increase of 6% over the past 24 hours, but on-chain signals reveal potential selling pressures:
📊 Exchange balances have increased by +1.93M SOL (approximately 418.7 million $ available for potential sale).
🔎 SOPR at 1.0544 (highest level in 3 months) ➝ confirming that investors are taking profits.
📈 Critical level: A daily close above 215 $ could push towards 223 $ – 247 $.
📉 Failing to hold above resistance may open the way to 204 $ – 200 $, and a break below 185 $ weakens the short-term outlook.
👉 The market is at a critical moment: buyers need to confirm the breakout, and sellers are clearly active.
#altcoins #blockchain
#CryptoNews
#solana
The price of Solana has risen to 216 $ , an increase of 6% over the past 24 hours, but on-chain signals reveal potential selling pressures:
📊 Exchange balances have increased by +1.93M SOL (approximately 418.7 million $ available for potential sale).
🔎 SOPR at 1.0544 (highest level in 3 months) ➝ confirming that investors are taking profits.
📈 Critical level: A daily close above 215 $ could push towards 223 $ – 247 $.
📉 Failing to hold above resistance may open the way to 204 $ – 200 $, and a break below 185 $ weakens the short-term outlook.
👉 The market is at a critical moment: buyers need to confirm the breakout, and sellers are clearly active.
#altcoins #blockchain
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