#BinanceHODLerPLUME Will Solana (Solana) succeed in breaking the 185 barrier and launching towards new peaks?🚀🔥
The Solana coin is currently trading at levels close to $180 after experiencing some fluctuations between $180 - $185 in recent hours. Despite this slight decline, the coin still shows relative strength compared to the broader decline in the cryptocurrency market.
Technical Indicators:
The 50-day moving average is around $185, making it a near resistance
The 200-day moving average is at $165, which still forms strong support in the medium term
The Relative Strength Index (RSI) is at around 45 points, indicating that the market is not in an overbought or oversold zone
MACD shows weakness in upward momentum with the lines converging, confirming a state of hesitation.
