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Solana Faces Critical Resistance at $145—Can Bulls Take Control?

  • Solana has experienced a 7% decline in the last 24 hours, currently trading at $145, along with other top cryptocurrencies.
  • The $145 price level for Solana has historically been significant and is now a critical point, being closely watched by traders for potential support or resistance.
  • After a major rally in April and subsequent decline, Solana is back near the $145 zone, with indicators like RSI showing potential 'oversold' levels and MACD signaling bearish momentum.
  • Key points to monitor include trading volume, RSI trends, and MACD movements to determine whether Solana will hold above $145 for a potential rally or dip further into lower price ranges.

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