Solana Price Analysis: SOL/USD bears suppress bulls back to $70 after testing the $80 mark

TL;DR Breakdown Today’s Solana price analysis is bearish after a drastic 5.39 percent dropSOL/USD traded within a daily range of $73.5 – $75.7.  Today’s Solana price analysis is bearish after a drastic 5.39 percent retracement overnight to the $74.751 price mark. Solana got rejected at the intraday high of $75.76, as the bulls consolidated momentum for their $100 upper target. We are expecting a slight downswing to the $70 mark, where buyers hope to accumulate more volumes and consolidate strongly. Meanwhile, the buyers will strongly defend the $70 region and counter any bearish weaknesses that could pull the price towards the prior-August all-time high at $58.   Solana price movement in the last 24 -hours: Will bear break $70 support?  According to our Solana price analysis, SOL/USD traded within a daily range of $73.5 – $75.7. Such a tight range suggesting low volatility across the daily chart. Solana’s trading volume faced a 40.40 percent plummet to a total of $1.8 billion. The total market capitalization stands at $21.7 billion after a 4.95 percent drop in the last 24 hours. 4-hour Solana Price Analysis: Solana targets $100 if they manage to flip $70 support On the 4-hour Solana price analysis, SOL/USD is trading upwards as bulls attempt to overturn a descending channel that pulled the price from the daily high at $75.76 to the $74 mark.  Bulls have their eyes focused on the $80.00 upp...