🚀 Solana Price Analysis: Bulls Defend Key Support! 🟱

Solana (SOL) buyers failed to sustain the price above the 20-day EMA ($144) on October 7, but they’re now fighting to hold the line at the 50-day SMA ($141). The bulls are trying to regain momentum and push higher. ⚔

📈 If SOL breaks above $153, it would give the bulls a clear upper hand, potentially pushing the price up to $164. A strong rally here could lead to a breakout, with the next target set at $189! 🌕

📉 On the flip side, if the price closes below the 50-day SMA, it would indicate the bears are gaining control. The pair could then drop to $133, with further downside potential to the crucial support at $116. Stay alert for either move! 📉

$SOL

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