🏆🏆 SOLANA PRICE ANALYSIS 🏆🏆

Solana's price surged by 7% over the past week, driven primarily by spot buying pressure, as indicated by the Spot CVD metric. Despite futures traders showing mixed signals, the increased demand for $SOL tokens is creating positive market sentiment.

If this trend continues, Solana could challenge the $160 resistance level, with a potential to break through $185 soon. Investors betting against Solana have faced major liquidations, signaling the strength of the current bullish movement.

Source: AMBCrypto