Investors flood the salt pans with a liquidity of $ 120 million – is salt ready to break through?

• Despite recent gains, a $ 143 resistance has not been violated.
• The constant pressure of the purchase, with the bridging of the news, gives investors faith.

Increased transfer of liquidity of the Solana (salt) network from competitive chains signaled confidence in the network from the user.

Lipline flow of $ 120 million in the last month has been a good news for bulls. Of these, $ 41.5 million came from Ethereum (ETH), and the second biggest inflow in Sol was from Arbitatra (ARB), measuring $ 37.3 million.

This inflow helped the memecoins that were on them. Solana herself had a bear one -day structure, but increased purchase pressure meant that that could change soon.

Here’s why $ 143 remains key

Source: Sol/USDT on TraringView

In a recent analysis, it was pointed out that Solana has maintained a bear’s market structure on the daily chart, despite its profits in the last ten days. The lower $ 143 tall has not yet been broken.

However, the transition of more than $ 120 meant that the lower time frame cards were stronger.

Obl has grown in the last ten days, which is a new tall over March. Obl was to cause January peaks, which is a sign of strong pressure to buy in recent days.

Furthermore, Sol -ov RSI transferred the neutral 50 level to support, showing bull’s momentum in this time frame.

Source: Coingling

The $ 150 to $ 160 region was a short -term price due to over -liquidity clusters. The $ 140 area, only 6% above the price of the salt pans, was also a strong magnetic zone.

In the south, an area of ​​$ 123 was an attractive target, because there were almost $ 5 billion in liquidation around it.

This lined up the support level that was underlined by another analysis, which indicated a region of $ 120 to $ 130 as a battery zone.

Representation of Liability Revenue: The presented data does not represent financial, investment, trading or other types of advice and are exclusively a printer opinion