Solana failed to settle above $86 and corrected most gains. SOL price is now consolidating losses above $82 and might attempt another increase. SOL price started a fresh decline below $86 and $85 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $84 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend
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Solana failed to settle above $86 and corrected most gains. SOL price is now consolidating losses above $82 and might attempt another increase. SOL price started a fresh decline below $86 and $85 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $84 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend
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