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Solana [SOL]: Bulls and bears tussle for this key level

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Solana [SOL] recovered strongly in the past few days.

It appreciated over 40% after seeing aggressive demand at the lows of $16 on March 10. It broke above its previous high of $21.94 but hit a price ceiling of $22.94, setting it for a retracement.

Is your portfolio green? Check out the SOL Profit Calculator At press time, Bitcoin [BTC] struggled to maintain the $27K zone.

Any drop below $27K could push SOL to breach key support, while a surge beyond $27K could give bulls slight hopes of defending the crucial support.

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