Solana price analysis from Cointelegraph
Solana - $SOL is facing selling near the $164 overhead resistance, but bulls have not allowed the price to dip below the 20-day EMA ($147
If the price turns up from the current level or the 20-day EMA, it will signal that the sentiment has turned positive.
That will improve the prospects of a break above $164. If that happens, the bullish ascending triangle will complete, and the SOL/USDT pair could climb to $189 and eventually to $210.
On the contrary, if the price slips below the 20-day EMA, the pair could drop to the uptrend line. Sellers will have to yank the price below the uptrend line to invalidate the bullish setup.