Solana Price: Navigating Crucial Support Levels Amidst Descending Trend

Solana’s price is currently testing crucial support levels as it navigates a descending trading channel. Following the rejection of its Fair Value Gap between $165-$175, Solana has found itself confined within this downward pressure zone. Key support levels at $131 and $104 remain active, offering temporary stability if selling pressure subsides. 87.46 billion in market capitalization indicates a firm liquidity but buyers have yet to exert sustained momentum to reverse the current downtrend.