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Solana’s U...
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Solana’s Uptrend In Sight? Gaussian Channel Support Points To Potential Price Reversal

  • Solana's price has experienced a significant decline in the past week, falling by nearly 23%.
  • A bullish Gaussian Channel pattern on SOL's chart indicates potential for an upside momentum and price recovery.
  • The mid-band of the Gaussian Channel is currently providing support for Solana, and a price reversal may be expected.
  • However, the bearish pressure from meme coins fatigue and the upcoming $1.7 billion SOL token unlock pose challenges for Solana's price.

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