Solana Tests Key Resistance Amid Rising Channel

Solana Tests Key Resistance Amid Rising Channel
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Solana (SOL) is consolidating in a tight range between $145 and $160, testing key resistance levels. Analysts warn of potential downside if support fails, while a breakout could reignite bullish momentum. The coming days are critical for SOL’s next major move.

  • Solana is consolidating between $145 and $160, with a breakout above $160 needed to confirm bullish momentum.
  • A rising channel pattern suggests potential downside risk if support at $145 fails, targeting $128.50.
  • Low trading volume indicates market indecision, with traders awaiting a decisive breakout or breakdown.
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