Solana Faces Resistance Despite Price Rebound

Solana's price has experienced a rebound of nearly 9%, rising from approximately $75 to above $82. According to NS3.AI, this increase has not attracted significant buying interest from long-term holders, whose accumulation has decreased by 62% recently. A substantial supply cluster of over 22 million SOL tokens is creating resistance near $82.91, which is hindering further recovery. This situation maintains a bearish outlook for Solana, with a potential 17% decline towards $68.71.