Solana Price Holds Steady at $73 as Traders Watch for Final Sweep
Solana's price is currently holding steady near $73 as traders await a potential final sweep to clear liquidity before attempting a recovery toward previous highs.
The cryptocurrency has returned to its five-day base of around $73, despite several attempts to push lower. According to the one-hour chart, sellers have failed to secure a sustained breakdown, but Solana still needs to reclaim the upper edge of its short-term range to strengthen its recovery case.
Buyers need to push Solana back above roughly $74 and maintain price within the previous one-hour range to confirm a bullish reversal. A confirmed reclaim would shift attention toward local resistance areas near $76.40-$76.50 and potentially the upper resistance zone around $77.40, followed by the larger range high of $78.80-$79.
The bearish case remains active as long as Solana trades below its range ceiling. A sustained move back above $74 would favor another attempt toward $74.50 and potentially $76.50, while continued failure at the range boundary would leave SOL vulnerable to another test of the low-$72 area.