Solana Approaches Key Support Level Amid Reduced Buying Pressure

Solana's price reached $84.80 as buying pressure significantly decreased over the past five days, bringing the asset closer to the $83.38 support level. According to NS3.AI, data from Glassnode indicated that the largest cost basis cluster is between $87.10 and $87.81, which is above the current trading price. Meanwhile, demand zones below this level remain sparse, suggesting limited support if the price continues to decline.