$SOL Price Prediction & Analysis

#Solana has pulled back to the 20-day SMA ($178) from $170 which is likely to act as solid support.

If the price rebounds off the 20-day SMA with strength,the Bulls will again try to push the SOL/USDT pair toward the overhead resistance of $209.

A break and close above $209 could open the doors for a rally to $240. There is currently resistance at $186 but it is likely to be crossed. Next resistance at $196 & $206.

Contrarily, a break and close below the 20-day SMA could tug the price to the 50-day SMA ($160). That suggests the pair may extend its stay inside the large range between $110 and $209 for a few more days.

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