Solana bounces from $210 support – How soon can it reclaim $240? – BitRss

• Solana bulls did well to hold the $210 support but selling pressure was rising.
• The market structure and momentum were in favor of the bears.

Solana [SOL] bulls have defended the $210 support over the past two days and managed to drive a price bounce. Yet, the technical indicators showcased bears were gaining the upper hand. The indecisive price action of Bitcoin [BTC] also lent little support to Solana.

Over the next few days, consolidation between the $210-$230 region is expected. Below $210, another key leve…