Solana $SOL has pulled back from $210 after facing selling pressure, signaling that bears are active on rallies. The price is now approaching its 20-day EMA ($180)—a key level traders are watching closely.
Bullish Scenario 🐂
The moving averages are gradually trending upward, and the RSI is just above the midpoint, giving bulls a slight advantage.
If $SOL rebounds from $180, buyers will try to break past the $210 resistance.
A successful breakout could send SOL soaring toward $240.
Bearish Scenario 🐻
A break and close below $180 would be the first sign of weakness. In that case, $SOL could enter a sideways range between $155 and $210 for a while, delaying any big upside moves.
