Solana is experiencing challenges as its price remains suppressed below the $200 mark amid bearish market trends. The weakened momentum reflects a general decline in trading volume, sparking concerns that the price might fall further to $150. The market hesitancy and bearish signals raise questions on whether upward momentum could push Solana back to $300.
The current market conditions are viewed by some as a potential continuation of bearish dominance, as the uncertainty makes it difficult for Solana to rebound. Investors and traders remain on edge, wondering if the longs can overpower shorts to reverse the trend.