– Solana (SOL) stalled near $205 resistance, failing to break above this key threshold, confirming short-term bearish pressure.
– Focus shifts to $180 support zone (20-day EMA + uptrend line), critical for potential bounce and trend continuation.
– Technical indicators show mixed signals: MACD positive but flattening, RSI at 52 suggests limited upside unless $180 holds.
– Current price at $186 (-4.74% 24h) highlights consolidation phase, with 50-day EMA at $172.60 as next key level if support breaks.
– Analysts advise monitoring volume and on-chain activity for buying pressure signs, with cautious optimism on broader bullish structure.
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