The weekly chart of SOL shows a promising technical formation (bull flag), reinforced by reversal signals and positive momentum. The confirmation of a breakout above is essential.
Elrond Peredhel
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Bullish
🚀 Solana: ready to break barriers? Analyzing the last week, I believe that Solana (SOL) is about to break important resistances and continue its upward trajectory.
Despite the slowdown in decentralized application activity, Solana maintained a steady flow of deposits, showing strength and market confidence.$SOL
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