SOL Upside Pressure Growing

Solana will turn bullish on a move above $186 and we think this rally will happen. If you look closely at Solana’s daily chart, it is clear that Solana is gaining bullish momentum when it breaks above 200 EMA Cross. Currently, the same level is acting as a resistance for Solana near $186. Solana is resting at the support level of $167, fib 0.382. There is news circulating about another DDoS attack (drops the transaction speed) on Solana so it is likely to stay bearish for now.