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Will Solana (SOL) Regain Strength and Target Its Next Resistance Zone?

  • Solana (SOL) is trading within the $155 range and has faced $9.84 million in liquidations.
  • The crypto market cap settled at $3.29 trillion after a brief spike, with major assets like Bitcoin (BTC) and Ethereum (ETH) showing downward trends.
  • Solana's price movements have shown upticks, declines, and key support-resistance tests, with traders looking for a potential breakout or decline.
  • Technical indicators suggest a bearish trend for Solana, with key resistance levels at around $155.70 and $156. The asset's BBP value and RSI indicate bearish control but room for reversal.

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