Solana's Price Struggles to Maintain Support Amid Bearish Trend

Solana's (SOL) recent performance has been marked by a decline in price, with the cryptocurrency currently trading at $85.40. This is despite emerging bullish signals from the MACD indicator, which could potentially lead to a recovery.

The overall trend remains bearish, driven by the downward trend in Bitcoin and a decline in sector risk appetite. The 1.84 billion USD volume level confirms limited speculative buying, with a drop below $84 potentially triggering a deeper pullback.