$SOL quick Analysis

Solana (SOL) price remains below the moving averages; however, a positive divergence on the RSI indicator suggests that selling pressure is gradually easing.

If the price breaks above the 20-day EMA ($130), the SOL/USDT pair could rise to the upper resistance zone at $147. A close above $147 would signal a return of the bulls to the market. The price could then continue to rise to $172.

Conversely, if the Solana price reverses sharply from the 20-day EMA, this indicates negative market sentiment. The pair could then continue to fall to $110 and even the strong support zone at $95.

SOL
SOLUSDT
93.09
+2.55%