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Is Solana In A Macro Trend Move? Charts Show Potential Shift

  • Solana (SOL) is trading at its lowest price level since September 2024 due to fear and intense selling pressure in the crypto market.
  • Analysts suggest that Solana may be experiencing a macro trend shift from bullish to bearish, with concerns about a potential prolonged downtrend.
  • Solana is trading below crucial daily support levels and struggling to reclaim momentum, putting the once-strong uptrend at risk of collapsing.
  • Investors are closely watching if Solana can reclaim key resistance levels to trigger a recovery, while failure to do so may lead to an extended bearish phase.

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