Technical Indicators Turn Bullish for Solana — Traders Watch $157 Barrier
Solana (SOL/USDT) is showing early signs of a bullish setup, with rising 9 and 20 EMAs and a MACD histogram holding strong above zero. This momentum suggests growing buying interest, though price action is consolidating just below the key $157 resistance level.
RSI readings between 60 and 69 indicate the asset remains in neutral territory—offering room for movement in either direction. Support zones at $155.67, $154.82, and $153.26 create a foundation for potential long entries, while a break below could present short opportunities.
With clearly defined technical levels and strengthening indicators, Solana is one to watch closely for directional confirmation in the hours ahead.
