Despite fears surrounding a major token unlock, Solana (SOL) is holding steady above $112, currently trading near $120.96. The cryptocurrency faces strong resistance at $124, a level that could trigger further gains towards $126-$130 if broken. Analysts see a potential double-bottom reversal pattern forming, but confirmation requires surpassing the $130-$147 range. Failure to break resistance may send SOL back to the $112 support. The next few trading sessions are critical for Solana's short-term trajectory.
Source : Fxleaders
Solana's $124 Showdown: Can It Overcome Post-Unlock Jitters?