$SOL Solana price analysis.......🚀🚀🚀
Solana
$153
has been trading between $126 and $162 for several days, indicating indecision about the next directional move.
#SOL/USDT daily chart.
The flattish 20-day EMA ($146) and the RSI just above the midpoint suggest that the range-bound action may continue for some more time. If the price maintains above the 20-day EMA, the SOL/USDT pair could rally to the overhead resistance at $162. Buyers may find it difficult to overcome this obstacle.
However, if the bulls bulldoze their way above $162, the pair may accelerate toward $205. This level is likely to act as a formidable resistance. On the downside, a break below the 20-day EMA could sink the pair to $126.
