Solana Targets $150: Key Support and Resistance Levels
Solana (SOL) recently demonstrated potential resilience by rebounding off its 200-day Exponential Moving Average (EMA). This technical indicator is crucial for traders as it often acts as a support floor for asset prices. For example, think of it as a safety net that can catch prices before they fall too low. With Solana bouncing back, the next significant milestone is the $150 mark, a level that could indicate a renewed bullish trend if surpassed.
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