SOL please stay above $21.02!

SOLUSDT

The failure of the bulls to break above the $27.12 resistance may have led short-term bulls to book profits in Solana. The SOL/USDT pair slipped below the 20-day EMA ($22.82) but the bulls are trying to protect the level, as indicated by the long tail on the candlestick.

If the price turns up, the buyers may attempt to push the pair above $27.12 and target $39. If the price breaks below the 200-day SMA ($21.02), the pair may consolidate between $27.12 and $15.28 for a few days.

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