#solonapriceprediction

Solana price prediction

Buyers pushed Solana

SOL

$144.94

above the 20-day EMA ($154) on Monday but could not clear the 50-day SMA ($160) hurdle.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

The bears are trying to pull the price down to the $140 support, which is a crucial level to watch out for. If the $140 level breaks down, the SOL/USDT pair will complete a bearish H&S pattern. The pair may then fall to $123 and eventually to $110.

Instead, if the price turns up and breaks above the 50-day SMA, it suggests strong buying near $140. That could keep the pair between $140 and $185 for a while. Buyers will be back in command on a close above $185.