Solana (SOL) Price Analysis: SOL Price Bulls Need to Break & Hold This MA for A Bullish Reversal

• SOL price has been struggling to regain important resistance marks
• 200MA has held price down for nearly a month
• Major support of $27 kept SOL price from further downside

Solana (SOL) Price Overview

Solana (SOL) price is struggling to gain its footing within its 2 month consolidation zone. Each time it has attempted to break its important resistance zone, bears have came in and smashed price right back down to support. SOL price is a very promising project as its metrics highly outperform its competitors in terms of speed and efficiency. Once the market begins its next uptrend, Solana will sure be one of the leaders.