Solana Faces Bearish Pressure Below Key Resistance Levels
- Solana (SOL) failed to maintain its price above the $200 mark.
- The current trading price is below $192 and the 100-hourly simple moving average.
- A bearish trend line shows resistance at $190 on the hourly SOL/USD chart.
- The price dipped to a low of $182.20, consolidating below the 23.6% Fib retracement level from a $223 high.
- Major support levels are identified at $182 and $180, with resistance at $190 and $192.
Solana’s price has struggled to break through the $200-$205 resistance zone, leading to a decline below key support levels, including a dip to $182.20.
