#SOL analysis
π― Solana
SOL has been trading near the $32.81 range for the past few days. The bulls have not ceded the field to the bears, indicating that they expect another rally. The daily chart of
SOL/USDT remains in the overbought zone, suggesting that the
SOL/USDT pair may spend more time in the bearish or see a minor decline. If the price stays above $30, the possibility of a rise to $38.79 will increase. On the other hand, if the price falls below $30, the bears will try to push the price down to the 20-day EMA ($27.20). If that support breaks, it will signal the bears are back in the game.