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Solana (SOL) Price Plunges to $183, But Technical Signals Suggest Potential Upside

  • Solana (SOL) fell below $200 due to a market downturn following the Fed’s rate cut and cautious outlook.
  • Technical indicators suggest a potential rebound, with a breakout from a descending trendline and bullish MACD crossover.
  • Despite the recent pullback, there are signs that Solana might be gearing up for a potential recovery.
  • Investors and traders will be watching closely to see if Solana can leverage its recent technical signals to mount a strong recovery.

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