Solana is encountering difficulties in maintaining its price above the $165 level. The cryptocurrency is experiencing resistance near the $170 mark, which is proving to be a challenge for bullish momentum trying to push the price towards $180.
Despite the efforts of bulls in the market, Solana remains under pressure, balancing on a fine line that determines its ability to break through these pricing hurdles.
Continued resistance in this zone could further impact the cryptocurrency's performance, making it crucial for bullish traders to strategize effectively if they aim for a breakout.
