Solana is trading at $173, up 1.14% in 24 hours, despite an 11% weekly and 32% monthly decline.
A $2.5 billion token unlock in March fuels the bearish outlook with the support at $155 while the resistance level is at $204.
The RSI indicator shows a possibility of a rally with SOL approaching the $187 level and $207 should the buying pressure hold.
SOL
86.51
+1.90%