Will SOL return to $194 in November?
The EMA lines for SOL remain bullish, with the short-term EMA line positioned above the long-term EMA line. However, the short-term line has slightly decreased recently.
If a downward trend occurs, SOL's price has support levels at $165 and $158.9, which means if these positions are tested, a 9% correction may occur. Conversely, if the bullish momentum regains strength, SOL may test the resistance level at $182.
If this resistance level is broken, SOL's price could rise to $194, an increase of 10.8%, reaching the highest level since the end of July. The next few days will be crucial in determining whether SOL maintains its bullish structure or experiences a reversal. $SOL
