SOL TECHNICAL ANALYSIS SEPTEMBER 28
Solana (SOL) has gradually risen to the overhead resistance at $164, indicating solid demand from the bulls.
The bears have stalled the previous two recovery attempts at $164, so they will attempt to do so again. If the price turns down sharply from the overhead resistance and breaks below the 20-day EMA ($144), it will signal that the SOL/USDT pair could remain in the lower half of the large range between $116 and $210.
On the other hand, a breakout and close above $164 would suggest a move to $190 and then the range resistance at $210.
