On-chain data: SOL holders’ net profits have stayed above $400,000 for two consecutive weeks. Overall, holders are in profit, and selling pressure is light. Holders are making money while the price moves sideways—a sign of accumulation.
The current price is 111.92, up 1.5% over 24 hours, and hovering near the top of the 107–113 range, with support at 107 and resistance at 113. If it retests 107–108 and holds, the bullish structure can continue, so it’s worth watching. A strong move above 113 would open up more room to rise. If it falls below 107, the range shifts lower, and we’ll need to reassess whether holder profits turn negative.
#SOL
The current price is 111.92, up 1.5% over 24 hours, and hovering near the top of the 107–113 range, with support at 107 and resistance at 113. If it retests 107–108 and holds, the bullish structure can continue, so it’s worth watching. A strong move above 113 would open up more room to rise. If it falls below 107, the range shifts lower, and we’ll need to reassess whether holder profits turn negative.
#SOL