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Solana Holds $143 Support as MACD Flashes Bullish Crossover

  • Solana (SOL) holds steady around the $143.00 demand zone, with current trading at $143.14, up 1.6% for the day.
  • Despite a 2.22% weekly gain, SOL remains bearish, down 18.2% over the last month.
  • Concerns arise from the Solana ecosystem's downturn, with major tokens experiencing over 34% losses, impacting sentiment and liquidity.
  • DEX activity decline by 7.16% weakens SOL's role as gas and collateral; however, some tokens show upward momentum, hinting at a potential recovery.

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