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Solana Price Faces Slowdown: Support And Resistance Levels To Keep An Eye On
- Solana's price action is being influenced by large clusters of traders at key price levels.
- Resistance is forming at $144 with around 5% of the total supply concentrated at this level.
- Support is strengthening at $112 with approximately 1.67% of the supply positioned here.
- Solana's velocity has declined to its lowest point in five months, indicating reduced investor engagement.
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