Solana price analysis
#Solana is facing resistance at $22.30 but a positive sign is that the bulls have not given up much ground. This suggests that the buyers expect the rally to continue.
The upsloping 20-day EMA ($19.73) and the RSI in the overbought territory indicate that the bulls are in command. A break and close above $22.50 could start the next leg of the up-move. The SOL/USDT pair could then attempt a rally to $27.12. There is a minor resistance at $24 but it is likely to be crossed.
The first support on the downside is at the 20-day EMA and then at the 50-day SMA ($18.55). Buyers are expected to defend this zone with vigor.
