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Solana price prediction
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Solana SOL $126.25 fell below the $121 level on Thursday, but the bears are struggling to maintain the lower levels.
SOL/USDT daily chart. Source: Cointelegraph/TradingView
The recovery is expected to face selling at the 20-day EMA ($131) and then at the 50-day SMA ($142). If the price turns down from the moving averages, the bears will again try to tug the SOL/USDT pair below $121. If they manage to do that, the Solana price could drop to $110 and then to the $95 support.On the contrary, if buyers drive the pair above the $147 resistance, it suggests a short-term trend change. The pair could then rally to $172.
