Solana looks set for sharp decline, on-chain data shows, after failing to overcome key resistance

Solana (SOL) seems set to unwind most of its recent gains if it fails to surpass the 200-day Exponential Moving Average (EMA) around $140.23, a key level that acted as a resistance on Tuesday. source: https://www.fxstreet.com/cryptocurrencies/news/solana-looks-set-for-sharp-decline-on-chain-data-shows-after-failing-to-overcome-key-resistance-202409050650