Solana Approaches Major Resistance

Solana is once again testing the $141-$145 zone after bouncing from sub-$135. Previous rejections caused deep pullbacks, but the latest correction was shallow (~3–4%), showing improving buyer strength from steady spot ETF inflows.

Price is holding above all major moving averages (20/50/100/200), which supports a bullish structure. Still, weekly network growth has slowed to ~7.3M new wallets, which could limit upside without renewed retail participation.

Break and hold above $145 = bullish continuation toward $165–$180.

Rejection = continued range trading.

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