Solana testing higher lows support level

Solana was nicely rising by making EMA 50 a support however this support broke below yesterday.

Solana price today is $190.30 USD with a 24-hour trading volume of $2,318,689,656 USD. Solana is down 5.74% in the last 24 hours, with a market cap of $58,862,444,323 USD. It has a circulating supply of 309,312,303 SOL coins.

Solana Testing: Analysis

Now Solana is sitting on a relatively major trend line and testing the bottoms of it. EMA 200 is the current support level and there are chances that Solana might gain upwards momentum from here as Bitcoin is already in an oversold situation. The next support level is at $184 and the resistance is at $196 and $200.