Solana ($SOL) vs EMA 50: The Battle for $143
Analyzing the 4-Hour chart of Solana in real time, we see a very clear attempt at recovery from the floor of $128, but we are facing immediate technical resistance.
The price ($141.86) is currently struggling against the EMA 50 (marked on the chart) at $143.50.
My Technical Reading:
📈 Positive Signal: The MACD shows a growing green histogram, indicating that selling momentum has exhausted.
The Challenge: We need a 4H candle closing with a body above $143.50 to confirm that this is a trend change and not just a "dead cat bounce."