$SOL

SOL price analysis: bulls counterattack vs bears suppress, the direction will be revealed soon!

Brothers, SOL has recently rebounded from the rising trend line. It seems that bulls want to turn the tables, but bears are not vegetarians either. The key point is in the game in the next few days!

Current situation: bulls try to counterattack, bears are eyeing

The 20-day moving average ($205) is still downward, and RSI is also falling, indicating that the overall market is currently dominated by bears.

But the rebound of the rising trend line shows that bulls have not given up and want to reverse the situation.

Short route: target $155

If SOL encounters resistance near the 20-day moving average and falls sharply, the bears may take the opportunity to exert their strength.

Once it falls below the rising trend line, SOL is likely to accelerate downward, with a target of $155.

Long plan: Targeting $246

If the price can break through the 20-day moving average, the short-term bearish expectation will be invalidated and the bulls will have a good time.

SOL may first hit the target of $246 and then target the resistance area of ​​$264.

SOL is in a critical decision period, and the rising trend line is the "dividing line" between long and short.