Solana / Dollar intraday: as long as 150.4 is support look for 160.1

Our pivot point is at 150.4.

Our preference: as long as 150.4 is support look for 160.1.

Alternative scenario: the downside breakout of 150.4 would call for 146.9 and 144.7.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 153.1 and 151.1).

Supports and resistances:

164.4 **

162.2 *

160.1 **

157.9

153.7 last

151.9

150.4 **