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Solana (SOL) Sideways But Bullish — Surge May Be Imminent

  • Solana price has consolidated above the $145 level and the 100-hourly simple moving average.
  • A short-term contracting triangle is forming with resistance at $152 on the hourly chart of the SOL/USD pair.
  • A successful close above the $152 resistance zone could lead to further gains, with the next key resistance at $155.
  • On the downside, initial support is near $147, and a break below $138 support may lead to further decline.

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