- Solana was rejected twice at the $190 resistance level.
- Metrics indicated mixed signals.
Solana [SOL] has been making waves in the crypto world, but its latest movements around the $190 mark have made traders extremely worried.
$190 is considered to be a very important barrier for Solana. It has failed to overcome it twice this week. Will the third time be lucky for bulls looking to make an impact?
Sellers have become active every time the price reaches this area, pushing it back down. This level is significant-both from a technical and a psychological perspective—as demonstrated by continuous rejections.
The $190 resistance level has proven to be a tough barrier.
Source: TradingView
What the metrics have in store
AMBCrypto analyzed Coinglass’ liquidation heatmap data.
Analysis of the data showed that there was huge potential for liquidation as prices near $190; possibly leading to a higher level of volatility due to the…
