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⭕️SOLANA'S PROMISING MARKET OUTLOOK

⭕️SOLANA'S PROMISING MARKET OUTLOOK

Day: 09 | Time: 17:15 Solana is making significant progress in the market, with the possibility of a long-awaited recovery and retracement. Currently, Solana is trading at around $141.03, with a key support at $131.55 thanks to the surpassing of the 200-period exponential moving average. The 50 and 100-period moving averages could represent resistance levels at $146 and $142. The increasing trading volume indicates growing interest from buyers. The RSI, at 49.02, shows that the price is neither overbought nor oversold. Immediate resistance levels are at $146 and $142, with the next target at $150. Support levels are at $131 and $126. Solana will benefit from institutional interest and broader adoption, while new technologies like BLinks will increase its fundamental value.

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