Solana is back at the key resistance, and the question remains if it will be able to break above it.

Key Support levels: $50, $44

Key Resistance levels: $67

1. Resistance under Pressure

SOL is consolidating under the key resistance at $67, but buyers appear keen to try and break it. The next few hours could be decisive.

2. Key Support at $50

Should sellers return here, then Solana has good support at $50. This appears unlikely now, but it is not out of the question until the price breaks above $67.

SOLUSDT_2023-12-06_17-07-30

3. Daily RSI makes Higher Lows

The daily RSI is moving higher and continues to make higher lows. This is a bullish signal. If buyers manage to push it above 70 points, then the bias will turn positive once more.

SOLUSDT_2023-12-06_17-08-36

Bias

The bias for SOL is neutral as long as the resistance holds.

Short-Term Prediction for SOL Price

Solana has to break above $67 to turn bullish. This could happen at any moment if momentum remains strong.

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