Technical view: SOL resumes its attempt to take over the 20-day moving average, but the direction of the higher timeframe is still under pressure
Solana continues to stabilize after defending the demand range at $76.20–76.90. The price managed to reclaim both the 20 and 50 moving averages, while holding above short-term support. Although the RSI remains above the neutral level, upside momentum has slowed slightly. SOL is still trading below the 100 and 200 moving averages, which means the broader market structure remains bearish until key resistance levels are recovered.
📈 Moving average structure (short-term strength and long-term resistance)
20 EMA: $76.84
50 EMA: $76.78
100 EMA: $81.24
200 EMA: $95.37
SOL remains above the 20 EMA and 50 EMA, indicating that buyers still control the short-term trend.
The 100 EMA ($81.24) remains the first m$SOL
Solana continues to stabilize after defending the demand range at $76.20–76.90. The price managed to reclaim both the 20 and 50 moving averages, while holding above short-term support. Although the RSI remains above the neutral level, upside momentum has slowed slightly. SOL is still trading below the 100 and 200 moving averages, which means the broader market structure remains bearish until key resistance levels are recovered.
📈 Moving average structure (short-term strength and long-term resistance)
20 EMA: $76.84
50 EMA: $76.78
100 EMA: $81.24
200 EMA: $95.37
SOL remains above the 20 EMA and 50 EMA, indicating that buyers still control the short-term trend.
The 100 EMA ($81.24) remains the first m$SOL