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Solana Price Eyes Crash to $105 Before Targeting $260 Rally

  • Analysts predict Solana's price may drop to $105 before rebounding to $260.
  • Solana is at a critical technical point, with a bear trap scenario predicted by some analysts.
  • $105 is seen as a crucial support level, while a support zone exists between $135 and $140.
  • Analyst 'Man of Bitcoin' sees a corrective ABC pattern with support levels at $122.77 and $109.84.
  • A break below $130 could confirm a deeper correction towards $105, supported by a weak MACD.
  • Momentum indicators show mixed signals, with RSI nearing oversold levels and potential buyer re-entry indicated in shorter timeframes.
  • Whales are accumulating below $140 while retail traders remain cautious.
  • Analyst BitGuru suggests a potential W-pattern breakout, targeting $156 as an initial level.
  • Solana's path to $200 and $260 could be validated by a break above $150.
  • A breakdown below $139.55 could lead to a deeper drop towards $105.

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