The price of Solana is currently testing the $194 resistance level, with both bulls and bears vying for control. Breaking above this level could lead to a rally and new highs, while failing to do so could result in sideways trading or a pullback. The fact that Solana is trading below the 100-day Simple Moving Average suggests a bearish sentiment in the market, and further downside movement is possible. However, the Relative Strength Index (RSI) indicates a potential upward shift in momentum, which could support an increase in Solana's price. The battle between bullish optimism and bearish caution at the $194 level will determine the next direction for Solana, with a breakout potentially leading to a strong bullish confirmation and further upward movement. Conversely, if bears successfully defend the resistance, Solana could decline towards the $164 support level.



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