Solana (SOL) is currently trading at $203.22, reflecting a 0.6% decline over the past 24 hours. The cryptocurrency is navigating a narrow trading range, with resistance at $205.72 and support at $197.08. Despite attempts to breach the resistance, Solana has faced repeated rejections, maintaining its position within these boundaries. The support level at $197.08 has proven resilient, with the price consistently rebounding from this point.
Against Bitcoin, Solana has shown gains, trading at 0.001854 BTC, marking a 1.3% increase. Market participants are closely monitoring these levels as the price movement remains confined within this range, highlighting the ongoing battle between buyers and sellers.
Solana Trades at $203 Amidst Tight Resistance and Support Levels
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