Solana price analysis #SOL
Solana turned down from the 20-day EMA ($203) on Dec. 25, indicating that the sentiment remains negative.

The SOL/USDT pair could fall to the uptrend line, which is an important level to watch out for. If the support cracks, it will signal that the bears remain in control. The pair may decline to $155, which may attract buyers.

This negative view will be invalidated in the near term if the price bounces off the uptrend line and breaks above the 20-day EMA. The pair may then attempt a rally to the 50-day SMA ($221).