Solana could slide to $15

SOLUSDT

Solana's bulls are trying to protect the 50-day SMA, but the bears are keeping up the pressure and not allowing the coin to sustain above the 20-day EMA. If the 50-day SMA support collapses, the SOL/USDT pair could fall to $18.70 and even further to $15.28.

However, if the price rallies above the 20-day EMA, it will suggest that the bulls are trying to flip the downtrend line into support, and the pair may attempt to rally to the overhead resistance at $27.12.

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