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TronWeekly

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Solana is Struggling to Break Resistance $164.50; Further Correction Might Happen

  • Solana is facing resistance near $164.50, indicating a possible continuation of corrections.
  • Analysts using Elliott Wave and Fibonacci analysis foresee a downward trend, with a potential fall to $143.50 support.
  • RSI and MACD indicators suggest that the price bottom may not have been reached yet.
  • There is heavy resistance at $164.50 for Solana ($SOL), and the market is currently in a correction phase, potentially extending towards the $143.50 support area.

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