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Solana $SOL Price Analysis
{future}(SOLUSDT)
Solana (SOL) faced a volatile week, grappling with persistent selling pressure before staging a partial recovery. The altcoin ended the prior weekend on a positive note, gaining over 2% to close at $188. On Monday, SOL surged to an intraday high of $195, nearing $200, but lost steam and fell over 3% to $183. The decline continued Tuesday with a slight drop to $181. Selling pressure escalated on Wednesday, pushing SOL to an intraday low of $170, though it recovered to $177, down 2.06%. Thursday saw further losses, with a 3% drop to $172.
The bearish trend deepened on Friday, with SOL plunging 5.57% to settle at $162. Saturday brought another decline of 2.57%, dipping below $160 to an intraday low of $155 before closing at $158. A recovery began on Sunday, with SOL rising over 2% to reclaim $160 and settle at $162. Bullish momentum strengthened on Monday, with a 4.70% gain to $169. In the current session, SOL is trading slightly lower, with buyers and sellers vying for control. Bulls will aim to push SOL past the $170 resistance level.