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#SOL#
⚡SOL Price Prediction: Hold the Ground or Counterattack to Above 195?
On August 6, the bears wanted to drive SOL below the 50-day moving average (163 USD), but the bulls firmly defended their position and did not give them a chance.
🐂 Bullish counterattack route
SOL is now heading towards the 20-day moving average (178 USD), where it might stall briefly.
If the buyer can push it through in one go, there is a chance to surge to $195.
The $185 mark may act as a resistance, but bulls are expected to break through.
🐻 Short-selling counterattack route
The key support zone is between the 50-day moving average and $155.
If the price breaks through this defense line, SOL may first drop to $144 and then continue to explore $137.