Solana Price Approaches $140 with Key Resistance at $144

The Solana price (SOL) has shown notable bullish momentum amid a generally unstable crypto market. While many large-cap assets remained in consolidation, SOL rallied towards the $140 mark, encountering resistance at this level.

Price Levels and Market Insights

Current support for SOL is around $129.
Major resistance is identified at approximately $144.
A breakout above $144 or a breakdown below $129 could influence SOL's trajectory in the coming weeks.
Significant support is noted around the $10 level, with no major resistance until around $170.

According to analyst Ali Martinez, the UTXO Realized Price Distribution (URPD) indicates key areas where investors bought tokens, affecting future price movements. A price drop to these levels may trigger buying activity, while rises could lead to sell-offs.

As of now, SOL is valued at about $138, marking a more than 3% increase over the past 24 hours.

Solana price