Solana has been struggling with consecutive declines in its price, as the cryptocurrency falls below the Ichimoku Cloud. This technical indicator often marks potential support or resistance, suggesting challenges ahead for SOL.
The market sentiment for Solana has turned cautious, with traders showing decreased interest. This waning enthusiasm is contributing to the cryptocurrency's resistance issues.
As September progresses, investors are closely watching for potential recovery or further decline, hinging on market dynamics and broader economic factors.
