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Solana Eyes Critical Support Zone at $131–$126 as Downtrend Deepens

  • Solana is testing $136, with analysts monitoring the support zone between $131 and $126 for a potential rebound.
  • The cryptocurrency remains in a downtrend, marked by lower highs and a lack of bullish momentum.
  • Key support levels for Solana are identified at $131–$126 and $117.
  • Two scenarios outlined: bullish rebound above $131–$126 or a breakdown below $126 leading to a decline towards $117.
  • If SOL bounces from $131–$126, it could rally to $170 and $188, reigniting bullish momentum.
  • Breaking below $126 may push Solana to $117 and signal a prolonged bearish trend.
  • Solana's future trajectory depends on how it responds to the critical support zone at $131–$126.
  • Investors are closely observing for a potential shift in market sentiment.
  • Solana's price action will be crucial in determining its next major move.

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