SOL Price Topside Bias Vulnerable If Solana Continues To Struggle Below $170
Solana attempted a recovery wave above the $140 level. SOL price is now struggling to clear the $160 and $170 resistance levels.SOL price recovered higher and tested the $160 resistance against the US Dollar.
The price is now trading below $160 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $146 on the 4-hour chart of the SOL/USD pair (data source from Kraken).
The pair could start another decline if it stays below $160 and $170 for a long
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