📊Solana Price Analysis: Will SOL Surge to $189? 🚨

Solana (SOL) closed above the key $164 resistance on Oct. 20, completing a bullish ascending triangle pattern 📈. But bears 🐻 are not giving up easily, trying to drag the price back below this critical level.

🔍 Key Levels to Watch:

• If the bulls 🐂 successfully defend $164, it significantly increases the chances of a rally to $189! 🚀

• On the downside, if the price dips and holds below $164, it signals a failed breakout. In that case, SOL could drop to the 20-day EMA ($153). 📉

⚠️ Bullish Scenario:

• A strong rebound from the 20-day EMA could give the bulls another shot at pushing SOL above $172, which would reignite the bullish momentum.

💡 Price Prediction: If SOL holds $164, expect a rally toward $189! 🎯 Keep an eye on the 20-day EMA as a critical support level for a potential bounce.

$SOL

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