$SOL

🚀 SOL July 6th, the bulls finally pushed the SOL price above the 20-day moving average ($149), which can be considered a small victory. But the story isn't over yet - there are concerns right in front of the 50-day moving average ($154).

🟢 Bullish Direction: Just one step away from opening up upward space!

Don't underestimate this step:

If it breaks through $159, it will take off directly! It will open the door to $168 and $185.

Although there is slight resistance at $168, that's just a “small hurdle”; as long as there are enough buyers (strong buying pressure), it’s likely to break through in one go!

🚨 In other words: $159 is the “watershed” for SOL's short-term fate; going up means a new journey!

🔴 Bearish Direction: If these two supports cannot hold, it's dangerous!

However, don't be too optimistic; if the bulls can't hold, there are two support levels that must be defended below:

The first level is $145, which is currently being tested;

The second level is $137, which is the last line of defense!

⛔️ Once it falls below $137, SOL may turn downward directly, targeting $126, or even lower.