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Analysis of SOL/USD: Key Levels at $220

Solana (SOL), a high-performance blockchain known for its speed and scalability, is currently trading at $225, offering a solid setup for traders. Here is an analysis of the key levels and potential strategies:

Support Level: $210-$204 – A solid support area where buying interest could increase, providing an ideal entry point for those looking for a possible rebound.

Resistance Level: $235-$240 – A crucial resistance level to monitor; breaking above this could trigger bullish momentum, with the next target around $260.

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