Solana price analysis
If buyers sustain the rally, SOL/USDT is likely to bounce towards the $100 psychological breakout. Rising moving averages signal an advantage to the bulls, but a negative divergence in the RSI indicates that the bullish momentum may move downwards.
The most important support to watch on the downside is the 20-day EMA. A breakout and close below the 20-day EMA could cause many short-term traders to stop out. This could initiate a pullback to the 50-day SMA ($55).