The cryptocurrency market is currently bearish, with Solana (SOL) experiencing a 3.31% decrease in the last 24 hours. On the hourly chart, the price of SOL is increasing after a false breakout of the local support level. There is potential for the price to test the resistance level by tomorrow. On a larger timeframe, neither buyers nor sellers have control, and trading volume is low, indicating sideways movement is likely for the rest of the week. In the midterm, the situation is similar, but if the weekly closing price falls below $200, there may be a correction to the $157.82 support level. At present, SOL is trading at $204.36.



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