Solana: Breakout Efforts Stall Amidst Accumulation, Support Level Key to Next Move

Solana ($SOL) continues to push for a breakout but faces challenges due to prolonged accumulation and fluctuating price action. Despite positive market sentiment, $SOL’s price has dipped by 1.75% over the past 24 hours, prompting questions about its potential to break out or further correct. Trading activity remains subdued, suggesting neither buyers nor sellers are ready to dominate the current market structure.