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Solana Losses Ground, Drops Below $137 As Bearish Momentum Builds

  • Solana has dropped below the $137 support level, indicating bearish momentum is gaining traction.
  • The breach of the 100-day SMA suggests a prolonged downside movement for Solana.
  • Daily charts indicate strong selling pressure, signaling a heightened risk of further losses for SOL.
  • Key support zones to watch for a potential rebound include $118 and $99.

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