Solana’s Price Drama: A Tale of Resistance, Support, and Investor Shenanigans 🎭
Now, let’s talk about the $144 resistance level. A whopping 27 million SOL—nearly 5% of the total supply—is lounging there, sipping martinis and waiting for the right moment to sell. This level, you see, is a psychological barrier. If Solana dares to revisit it, these break-even sellers might just crash the party, sending prices tumbling faster than a poorly timed joke at a dinner party. Below that, at $135, another 26.6 million SOL is holding the fort. Together, these two zones are like bouncers at an exclusive club—unless volume surges or some bullish event sweeps in, upward movement is strictly off-limits. 🚫