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Solana Approaches $186 Resistance as Technical Indicators Signal Caution

  • Solana approaches the $186 resistance level, a price point that has triggered reversals since mid-May.
  • Technical indicators signal caution, with the CMF above 20.0 suggesting peak inflow conditions.
  • The RSI reaching 70.0 indicates an overbought condition, casting doubt on SOL's ability to maintain its bullish stance.
  • If the $186 resistance holds, support levels are expected at $161 and $155.

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