$SOL Technical Analysis and Upcoming Levels - CoinPedia Analytics
According to expert technical analysis, SOL appears bullish and is in an uptrend as it is currently trading above the 200 Exponential Moving Average (EMA) on a daily time frame. The 200 EMA is a technical indicator that investors and traders use to determine whether an asset is in an uptrend or downtrend.
As of now, this breakout isnât considered successful until SOL price closes its daily candle above the $141.5 level. If this happens, there is a strong possibility it could soar by 15% to its resistance level of $165 in the coming days.
