Solana Faces Critical Resistance at $135 Amid Market Downtrend
- Solana (SOL) has lost over 60% of its value since late January.
- The $135 level is identified as a major resistance point by the UTXO Realized Price Distribution (URPD) indicator.
- Bulls need to break and hold above $135 to signal a potential recovery.
- Failure to reclaim this level could lead to further price declines.
- SOL is currently trading at around $126, facing significant selling pressure.
Solana’s price struggles continue as it faces critical resistance at the $135 mark, with analysts highlighting the importance of this level for potential trend reversals.
Source (2.6)https://www.newsbtc.com/news/solana/on-chain-data-signals-key-test-for-solana-at-135-level-insights/?rand=52377
