Solana Price Analysis
Solana bears will attempt to pull the price towards the 20-day EMA ($173), a key level to watch.
If the price falls below the 20-day EMA, it would indicate that bears are in control. The SOL/USDT pair is likely to drop towards $162 and below the 50-day moving average ($140).
Conversely, if prices recover from current levels or bounce off the 20-day EMA, it would indicate strong demand at lower levels. This would strengthen its prospects for a move above $205.
If this happens, the pair could start rising towards $267.
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