In this case, if the rate cannot come back to the $20,000 mark within the next few days, there is a chance to see a further drop below $18,000.Despite the rise, Solana is trading sideways in the middle of the channel between the support at $26.05 and the resistance at $37.37.
The rate is above the mark of $30, which means that bulls are more powerful than bears locally. In addition, the price is closer to the upper level, confirming buyers' strength.Even though Avalanche may not have accumulated enough power for continued growth, the price is far from the resistance level at $21.35. If the buyers cannot bring the rate back to the $18 mark, the fall may continue to the $15 zone until mid-July.
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