Ali Charts|Jul 08, 2026 11:58
SOLANA: BIG SUPPLY WALL
Solana is currently attempting to reclaim a resistance zone between $79 and $85.
According to URPD data, roughly 105 million SOL were transacted within this range, establishing a dense supply cluster.
Reclaiming this zone as support clears the overhead volume block, opening the path for an immediate expansion toward $100, with a secondary target at $127.
However, a failure to clear this barrier could accelerate selling pressure as breakeven SOL holders look to exit. A decisive rejection shifts the technical bias down toward the next support level near $53.(Ali Charts)
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