Solana Price Faces Resistance Near $200 as Traders Hold On

Solana’s price has been stuck in a tight trading range between $195 and $212. Despite repeated attempts to break through the crucial resistance level at $200, buyers are actively defending this support zone, showcasing significant market interest. This tight range reflects the current uncertainty surrounding Solana’s future direction. 3.4% lower on a day-to-day basis, SOL is holding onto its support line of $195.54 as it continues to test the upper limit of resistance at $212.69. Traders remain watchful for any breakout in either direction and anticipate a decisive move that could signal Solana’s path forward.