📊 Solana (SOL) is at a critical technical juncture on the daily chart.

After a short-term rebound, SOL is hovering just below key resistance at $150.85. Momentum indicators are beginning to show signs of life: the RSI has climbed out of bearish territory, suggesting a slowdown in selling pressure, while the MACD histogram has flipped positive, hinting at a potential momentum shift.

However, the 20-day EMA remains above the current price, signaling that medium-term sentiment is still cautious. Until that level is reclaimed, buyers may struggle to confirm a breakout. Support around $146.31 and $144.29 offers a cushion if the rally stalls.

Traders will be watching for a decisive move—either a clean breakout above resistance or a rejection that sends the price back toward support. The next few sessions could determine SOL’s short-term trajectory.

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Read the full analysis: www.ecoinimist.com/2025/06/29/solana-bulls-push-higher-ema-resistance