🚀 Solana Nears Crucial Resistance 🚀

SOL trades at $188 today, holding on to 6.65% gains from yesterday. After bouncing off the 50-day EMA, Solana now eyes the 61.8% Fibonacci level at $191 (from the $295 Jan 19 peak to the $95 Apr 7 low).

📈 Upside outlook:

A decisive close above $191 could open the way toward $206 – the July 22 high.

⚖️ Momentum check:

MACD is flat, showing indecision.

RSI at 55 leans slightly bullish.

📉 Downside levels to watch:

Drop below 50-day EMA ($175) could test 50% Fib at $167.

👉 Will Solana break above $191 for a push to $206, or lose steam at resistance?

#Solana #SOL