Technical analysis of Solana (SOL)

📊 Is $SOL about to explode in price?

🔍 Through analyzing the technical indicators on the four-hour timeframe:

RSI shows a selling saturation at levels of 31, indicating a potential near-term rebound.

The MACD is approaching a positive crossover.

Bollinger Bands indicate a narrowing range, paving the way for a strong movement ahead.

📈 Strong resistance area: $26.80 📉 Important support: $23.40

💬 In your opinion, will we witness a bullish breakout or a sudden drop?

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