The price of Solana (SOL) has experienced consolidation in recent trading sessions, particularly in light of Bitcoin’s inability to trade at $31,000. SOL remains below a significant resistance level that the bulls have struggled to overcome for several weeks. On the daily chart, SOL has depreciated by 1.4%. On the weekly chart, the price has slightly declined by just over 2%. The technical outlook appears grim, with limited buying strength indicated by falling demand and accumulation on the daily chart. Solana may require the support of a Bitcoin rally above the $31,000 mark to break past the overhead resistance. This
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Author: coinmaker