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Solana Retraces but Holds Key Support: What’s Next

  • Solana has retraced from its New Year highs but is currently holding on to a key support zone.
  • Despite the recent downturn, Solana is still aiming for a price target of $325.
  • The $180-$185 range has acted as a significant resistance level, but Solana managed to break through and climb above $200.
  • Traders are cautiously optimistic and expect potential bullishness in the market, with upcoming events like Trump's inauguration potentially triggering a market rally.

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