Crypto Express

06/11 11:53

SOL Momentum builds, but bulls face a pivotal test

At the time of writing, the SOL daily chart showed a strong rebound from recent lows, with five consecutive green candles pushing the price toward $170.

The RSI was at 55.56 – neutral but leaning bullish – indicating room for further upside.

Meanwhile, the MACD crossed the signal line from below, suggesting a shift in short-term momentum.

However, with volume declining and price stalling just below resistance, bulls will need stronger conviction to keep the uptrend alive.

If SOL breaks above $170 with solid volume backing, it could set up a move toward $200.

However, without that breakout, a pullback remains likely as buyers show hesitation near key resistance levels.

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