2-Hour Analysis:
Big Picture: Solana survives another session after holding onto the trendlines. Price has reversed once more and is on track to retest the 2-hourly EMA-200. This will be a key test for the bulls, and any break above it could lead to a stronger squeeze to the upside. While rejection can keep the overall trend choppy and indecisive
![](https://bkcryptocrusher.com/wp-content/uploads/2022/12/SOL-2H-9th-Dec-1024x525.png)
On the Upside the initial surge has been capped at 13.95 to 14.05 levels. This is a strong intraday resistance level that would require more determination from buyers to break. The next resistance is at 14.20, where the 2-hourly EMA-200 is visible. Surpassing this would be a significant boost for the Bulls, who will then target 14.40, to 14.95-15.25 levels.
On the Downside Solana has immediate support between 13.70 and 13.60. Below these, the next supports are lower, ranging from 13.50 to 13.40. The trendline-based support region is shown here. As long as these holds, the overall price will stable; however, losing these would expose Solana towards 13.00 to 12.75 levels.