Solana Price Trades Laterally, What Could Be The Next Level?

Solana price has been volatile over the last week, with no significant change in the last 24 hours. In the last week, SOL fell by 6%. At the moment, the Solana price is neither swaying towards the bullish zone nor the bearish territory.
The technical outlook for the altcoin has flashed mixed signals. Broader market weakness could be attributed to the altcoin’s mundane price action.
Bitcoin slipped below the $20,000 mark and many other prominent altcoins also travelled south.
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