đ§đSolana (SOL) Price Analysis đ„
SOL Struggles Around Key $150 Level
Solana (SOL) is facing strong resistance at $150, with sellers firmly in control. Over the past 24 hours, SOL has dropped by 4%, staying in the red as sellers attempt to push the price below $140. Last week, SOL reached a high of $161, but quickly turned bearish, dropping to a low of $133 by Thursday.
Recent Price Action đ
âą Friday: SOL recovered by 4.62%, moving above the 50-day SMA and closing at $143.
âą Saturday & Sunday: After a minor dip of 0.39% on Saturday, SOL gained 2.73% on Sunday, ending the week at $146.
âą Current Week: SOL attempted to push past $150, briefly reaching $152, but sellers regained control, driving the price back down to $143 as the 200-day SMA acted as resistance.
Whatâs Next for SOL? đź
âą Buyers: A sustained push above $150 could help regain momentum.
âą Sellers: A break below $140 may see SOL drop toward $130.
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