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Solana Sideways Trend Sparks Double Top Risks: Can Bulls Drive SOL to $215?

  • Solana is holding steady above $165, with potential for a breakout to $215.
  • Solana's price analysis shows a sideways trend with potential double top risks near $184, but a bullish trend towards $215.
  • Analysts identify a bullish pennant formation targeting $200 if bullish momentum persists.
  • Derivatives data indicate a bearish warning with declining open interest and a shift in funding rate reflecting bearish sentiment.

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