Solana / Dollar intraday: target 193.4

Our pivot point is at 205.1.

Our preference: target 193.4.

Alternative scenario: the upside breakout of 205.1, would call for 209.5 and 212.1.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (202.3) but above its 50 period moving average (200.8).

Supports and resistances:

212.1 **

209.5 *

205.1 **

203.4

201.6 last

196.0

193.4 **