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Solana Holds Golden Pocket Support, But Bearish Trend Remains Intact

  • Solana tested the Golden Pocket support level and experienced a technical bounce, but the overall bearish trend is still ongoing.
  • Key levels and market structure indicate that a breakout above $150 could signal a bullish reversal, but Solana needs to reclaim levels above $158 and $168 for a sustainable shift.
  • Failure to clear resistance at $150 may lead to a focus back on the $135–$131 support zone, potentially sliding SOL toward $117.
  • The current price action for Solana signifies a crucial moment with a need for a breakout above resistance to trigger a sustained bullish movement; otherwise, the bearish structure may persist.

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