<ul><li>Solana faces bearish pressure, experiencing a 5.60% loss in the last 24 hours, trading around $161.</li><li>There has been a sharp $23.90 million in liquidations in the SOL market, triggering a brief bearish shift in the crypto market.</li><li>Technical indicators suggest a bearish momentum for Solana, with the potential for a downside correction towards $160 support level.</li><li>Solana may enter a recovery zone if it surpasses resistance levels at $161.86, with a possibility of a golden cross formation for an upside correction.</li></ul>

Bear Pressure Mounts on Solana, Will $160 Hold?

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