Solana Prices Slide Below $190 Amid Correction, Analysts Eye Potential Breakout

Solana’s price has experienced a sharp decline after failing to break through the resistance level of $205. The token is currently trading below $190, marking a 6% drop in the past 24 hours. Despite this correction, technical analysts see potential for a significant rebound and future breakout. A key support area near $172-$176 could act as an anchor point for a potential reversal.