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Can Solana (SOL) Hold Above $130 or Face Further Decline?

  • Solana (SOL) trades at $134.49, down 2.20% in 24 hours.
  • The market cap is at $68.44B, and the trading volume is down 55.18% to $2.12B.
  • Solana faces immediate resistance at $140 with support at $130. Further decline is possible if support is broken.
  • Weak RSI and negative CMF indicate limited strength for an immediate rebound. The upcoming validator vote and Solana's presence in the DeFi space may influence long-term growth.

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