Solana price analysis
Solana $SOL $243.65 bounced off the 20-day EMA ($229) on Nov. 27, but the bulls are facing selling at higher levels.
The failure to push the price above $250 may attract selling, which increases the risk of a break below the 20-day EMA. If that happens, the SOL/USDT pair could plummet to the breakout level of $210.
Instead, if buyers drive the price above $250, the pair could retest the all-time high at $264. The bears are expected to fiercely defend the $264 level, but if the bulls prevail, the pair may surge toward $300.
