Solana Price Faces Bearish Momentum, Next Move Could Push SOL To $28
Solana price witnessed a strong bearish pull as major market coins also depreciated significantly on their charts.
The altcoin fell by 6% over the last 24 hours. In the past week, Solana lost 14% of its market value.
The bulls were trying to defend the coin at their nearest support level, however, the coin met with a sell-off over the past 24 hours.
Over the last few days, Solana was trading sideways above its support level of $34. The recent depreciation on the chart caused SOL to fall below it
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