Solana Price Analysis: Bulls Fail to Sustain Growth Amid Weekend Decline

Solana's (SOL) price has declined by 5.37% over the last 24 hours, with a current price of $175.43. The price is near the local support of $174.22, and if the daily bar closes near or below it, the drop is likely to continue to the $170 zone. The rate has tested the support of $173, with low chances of sharp moves tomorrow.