The anticipated recovery appears poised to approach the 20-day Exponential Moving Average (EMA) at $158, a pivotal level deserving close monitoring. Should the price sharply reverse course from the 20-day EMA, bears could once again attempt to drive the SOL/USDT pair below $126. If successful, this could further extend the downtrend, potentially reaching the psychological threshold of $100.
Conversely, if the price maintains its upward trajectory and surpasses the 20-day EMA, it would indicate weakening bearish control. While the $162 level may present resistance, it is expected to be breached. Subsequently, the pair could ascend towards $185.
