The post Solana Faces Resistance Near $150 Amid Long-Term Holder Selling and Rising New Investor Interest appeared on BitcoinEthereumNews.com.

Solana’s price momentum faces a critical test at the $150 resistance level amid renewed selling pressure from long-term holders (LTHs), despite growing interest from new investors. After a brief period of accumulation, LTHs have resumed selling, signaling potential downward pressure on SOL’s price trajectory in the near term. According to COINOTAG analysis, a decisive breakout above $150, with $152 acting as new support, would mark a bullish reversal for Solana. Solana faces resistance at $150 as long-term holders increase selling, but rising new investor activity could spark a bullish breakout above key levels. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Long-Term Holders’ Selling Pressure Challenges Solana’s Price Recovery Solana’s recent price recovery attempts have been hindered by intensified selling from long-term holders (LTHs), who control a significant portion of the circulating supply. Initially, LTHs showed signs of accumulation, hinting at potential stabilization. However, this trend quickly reversed, with net position changes falling below zero, indicating renewed selling pressure. This shift is critical because LTH behavior often sets the tone for market sentiment and price direction. Their increased selling activity suggests a cautious outlook, which could weigh heavily on SOL’s price, especially if the trend persists. Market participants should monitor LTH net position changes closely as a barometer for future price movements. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now!…

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Filed under: News - @ June 28, 2025 3:26 pm