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Solana Price Prediction: Is SOL Ready for a Reversal or More Downside Ahead?

  • Solana (SOL) has experienced a significant decline in price, trading around $143.
  • Technical indicators suggest mixed signals with oversold RSI indicating a potential bounce, but bearish structure remains intact.
  • SOL needs to break through key resistance levels at $160-$165 and $190-$200 for a bullish recovery.
  • If weakness continues, SOL could drop below $140 support level leading to further declines.

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