A Sharp Movement of 53 Percent Is Coming in Solana: Here are the Critical Price Levels for Its Direction!

According to the latest data, a sharp price movement of 53% is expected in Solana (SOL) very soon. 

In his post on Twitter on June 12, the cryptocurrency analyst known as “Ali” said that Solana will soon host a sharp price movement of 53%.

The analyst made the following statements in his statement:

Solana is preparing for a major price move of 53%. Continue to observe the $143 support and $178 resistance levels to understand the direction of the LEFT trend.

The cryptocurrency analyst stated that the price could see a 53% increase or decrease, referring to the symmetrical triangle structure formed on Solana's daily chart. The analyst pointed out two important levels to understand the direction of the movement in question, pointing out $143 as support and $178 as resistance.

According to the analysis, if Solana price closes above the $178 resistance level, it may show an upward performance up to $272. On the other hand, if there are closes below the $143 support level, the price may retreat to $67 levels.

According to CoinGecko data, Solana finds buyers at $152 at the time of writing, with an increase of 0.1% in the last 24 hours.