Solana's Price Reversal: Key Resistance Zone May Influence Future Movement

Solana's price is exhibiting signs of a potential reversal, driven by bullish momentum divergence and increased accumulation from long-term holders. According to NS3.AI, while these factors suggest upward movement, the rising short-term holder Net Unrealized Profit/Loss (NUPL) metric and a significant supply cluster near $87 could result in a 7-10% correction during the rebound. The resistance zone between $86 and $89 is expected to play a crucial role in determining Solana's future price direction.