Solana Faces Resistance After Breakout: Bulls Battle for Momentum

Solana’s price has bounced back from the crucial support zone around $194, exceeding $200 and temporarily breaking above resistance at $212. However, this recovery faces heavy selling pressure as bulls struggle to maintain momentum. Technical indicators suggest a weakening bullish trend with the MACD losing pace and the RSI hovering below 50. This uncertainty makes key support levels of $200 and $195 vital for traders.