Solana SOL rose above the immediate resistance of $185 on May 20, but the bulls could not sustain the higher levels.
The price slipped below $185 on May 21, suggesting that the bears have not given up. However, the upsloping 20-day EMA ($161) and the RSI in the positive zone signal that the path of least resistance is to the upside.
If buyers overcome the obstacle at $165, the SOL/USDT pair could retest the critical overhead resistance of $205. This positive view will be invalidated in the near term if the price turns down and breaks below the moving averages.
