Solana price prediction

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Solana SOL $138.28 is trying to take support at the $126 level, but the shallow rebound suggests a lack of aggressive buying by the bulls.
SOL/USDT daily chart.

If the price turns down from the current level or the 20-day EMA ($145), it suggests that the bears are active at higher levels. The SOL/USDT pair then risks a drop below the $126 support. If that happens, the Solana price could tumble to $110 and subsequently to $95.

Contrarily, a break and close above the 20-day EMA indicates that the bulls are attempting a comeback. The pair could then attempt a rally to the 50-day SMA ($174).

[Nahid Hossen]

SOL’s momentum depends heavily on volume right now.

[Abdul Khan]

If support holds, the next leg up could be quick.