Analysis of Solana's price
Solana
SOL
tickers down
188.46 €
is under pressure between the 20-day EMA (200 dollars) and the upward trend line over the past few days
The declining 20-day EMA and the RSI in negative territory indicate an advantage for sellers. If the bears push the price below the upward trend line, the SOL/USDT pair could drop to 155 dollars and subsequently to 133 dollars.
On the contrary, if the price rebounds from the current level or the upward trend line and exceeds the 20-day EMA, this will indicate that selling pressure is decreasing. The pair could then rise to the 50-day SMA (220 dollars).
