Solana Breaks Above $135, Eyes $144 Resistance and $129 Support

Solana's price has surpassed the $135 mark, indicating potential bullish momentum after a period of consolidation between $124 and $135.

Key points include:

Resistance near $144 may challenge upward movement.
Current trading range is crucial: support at $129 and resistance at $144.
Approximately 5.75% of realized volume occurred around $129, marking it as strong support.
The $144 level also holds about 5% of volume, previously acting as a resistance ceiling.

A breakout above or below these levels will likely determine Solana's next direction, either entering a new bullish phase or retracing.

At present, Solana is priced at $139, reflecting a 3.6% increase over the past 24 hours.