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Crypto

Solana Stalls Near $73 Amid Weak Momentum

Guavy AI Editorial Team
Instruments
SOL
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Solana's price has stalled near $73 and is struggling to break through resistance levels. The SOL token remains below its 100-day and 200-day moving averages, indicating weak bullish momentum.

The current price action shows a narrow consolidation range with neutral market indicators like the RSI at around 47, showing no clear trend.

To see a stronger upward move, Solana needs to break above the $75 resistance level and then the $79 mark. However, if it fails to hold support between $71 and $72, the price could fall back towards June lows, continuing the bearish trend seen in 2026.

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