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The price of salted in the last 24 hours has been marked with a decisive step above USD 135, which it can signal growing stubborn shoots. This breakthrough occurs several days of side movement, during which the price of salted was traded in a narrow range from 124 to 135 USD.
Although the recent movement Above this consolidation zone Tips for potential continuation up, the data on the chain shows that significant resistance awaits nearly 144 USD, which can be used as the next main test for bulls.
Levels that will define the next Solana breakthrough
According to to post Social media platform X by cryptographic analyst Ali Martinez, the current scope of Solan trade from 129 to 144 USD is very crucial for how it comes out. In particular, Martinez noticed that the most crucial support for the Solana price is USD 129, and the key resistance to viewing is 144 USD.
This comment is strictly compatible with the data shown on the chart made available by the analyst, from the Glassnode (URPD) price distribution: Model ATH.
Volume stripes shown in the URPD data below indicate that the salted price is settled between dense clusters of buying and sales. The highest concentration is currently from 129 to 144 USD.
The chart emphasizes that about 5.75% of all current volumes for SOL took place near the price of USD 129, which makes this level a sturdy support zone. Interestingly, its importance was strengthened on April 17, When the price of salty was reflected sharply after a miniature immersion to this level.
Similarly, the level of USD 144 also has about 5% of the volume, acting as resistance ceiling in a miniature period. This price zone previously rejected stubborn attempts in the last week of March, confirming it as a miniature -term ceiling for rush up.
Together, these two levels constitute a strictly questioned range, and a breakthrough outside both borders will probably decide whether Solana will enter the modern stubborn leg or further.
Picture From X: Ali_Charts
UTXO Price Distribution (URPD): ATH Partictioned Model
UTXO Price Distribution (URPD): ATH-PARPONED is an advanced chain record, which is mapping, where the current coin owners have acquired their tokens in relation to the highest level (ATH). When the price level shows a high concentration of the completed volume, it means that a significant number of tokens was bought at this level.
These clusters tend to act as psychological support or resistance, because owners may be more likely to defend Breakeven zones (support) or exit in previous loss zones (resistance), depending on market moods.
In terms of market moods, the current market moods gradually become stubborn for Solana, and the last break above USD 135 focuses the level of 144 USD, At least in a miniature period. The price may reach this modern week or pay moods can focus at USD 129.
At the time of writing this text, Solana traded at USD 139, which is an raise of 3.6% in the last 24 hours.
A distinguished picture from Mudrex, TradingView chart
