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$SOL /USDT ā Key Decision Zone! šÆ
The price of Solana (SOL) is approaching a crucial support level within a rising wedge structure. After testing the upper resistance near $168.88, the price has retraced back to the lower boundary, now hovering around $159.64.
š¹ Pattern Watch: A potential breakout is on the horizon ā will it break down or bounce back?
š¹ Support Zone: $158.26 ā $159.57
š¹ Resistance Zone: $168.88 and above
š¹ Bearish Pressure: Strong sell-off from resistance
š¹ Bullish Hope: Price still respecting the ascending support
This is a make-or-break moment for SOL. Traders are watching for a reaction at this level ā a strong bounce could trigger a new upward leg, while a breakdown might signal a deeper correction toward $149.00 or even $146.50.
š Pro Tip: Use tight stop-losses, watch volume confirmation, and be ready to adapt.
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