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Solana Price Under Pressure: Should You Buy SOL Now?

  • Solana (SOL) price has experienced a significant sell-off, dropping below $140 and targeting $122.
  • Technical indicators show extreme selling pressure with RSI and MACD at low levels since mid-2023 and 2022 respectively.
  • Solana is under downward pressure in a sinking market, with questions arising about buying at this time.
  • Recent sell-offs, rug pull cases, and Binance's liquidations have contributed to the bearish sentiment on Solana.

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