Solana suffered another wave of declines over the weekend, as the cryptocurrency bottomed at $81.80, its lowest point in over six weeks. SOL later posted a leg-up above the $90.00 mark yesterday but was immediately cut short by sellers, who sent prices below the mentioned mark.

That said, I expect price action to fall into a sideways range ahead of Wednesday’s Fed rate announcement, where a possible bullish reversal could kick in. On the other end, SOL needs to hold a daily candle above the $100.00 psychological mark to re-establish bullish control.

Meanwhile, my resistance levels are $90, $100, and $110, and my support levels are $80, $70, and $60.

Total Market Capitalization: $1.74 trillion

Solana Market Capitalization: $29.5 billion

Solana Dominance: 1.69%

Market Rank: #7