SOL/USDT AT DECISIVE POINT! Who will win? Bulls or bears?

$SOL is attempting a trend shift after forming a higher low near the lower boundary of the descending channel. Price has bounced with strength and is now trading above the short-term moving averages.

The 13 EMA (green) is leading the move and has crossed above the 21 EMA (blue), which typically signals improving momentum and short-term trend reversal. As long as price holds above these EMAs, bulls remain in control.

🔑 Major Resistance Zone:

$155–158 → a strong resistance cluster formed by prior support-turned-resistance and EMA congestion.

📈 Bullish Scenario:

A daily close above $158 would confirm a breakout and trend continuation, opening the path toward $175–180, followed by $ 190 or higher if momentum sustains.

⚠️ Risk / Invalidation:

Rejection from $155–158 may lead to short-term consolidation or a pullback toward $133 to 127.

Overall, the structure is constructive, momentum is improving, and $158 remains the key trigger level for the next leg higher.

If you like this chart, do hit the like button and share your views in the comments.

Thank you
#Solana #SOL