Solana Price Outlook: SOL Stuck Below Key Resistance as $72 Support Holds

Solana (SOL) remains trapped in a narrow trading range after failing to extend its July recovery, with the cryptocurrency fluctuating between $73 and $75. While sellers have eased their pressure compared to earlier this year, buyers have yet to reclaim key technical levels needed to confirm a sustained bullish reversal. At the time of writing, SOL is trading near $73.6 after slipping below its short-term moving averages. The 50-day moving average around $74.9 and the 100-day moving average near $75.8 continue to act as immediate resistance, preventing further upside. Unlike several other…  Read more

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