$SOL price analysis
Solana
$148
has reached the overhead level of $162, where the bulls are likely to encounter strong resistance from the bears. #SOL/USDT daily chart.
If the price turns down sharply from $162, it will suggest that the bears are fiercely defending the level. That could keep the SOL/USDT pair stuck between $162 and $126 for a few more days.
Alternatively, if the price breaks above $162, it will suggest that the correction may be over. The bullish momentum could pick up, and the pair may attempt a rally to $205. On the downside, a break below $126 could start a new downtrend to $100.
