Solana (SOL) has just broken a key support level, and this time, it has the potential to confirm a breakout of the highlighted yellow zone. If the price decisively breaks $124.26, it could signal the beginning of a new wave.
🔍 Technical Insights: - The breakout of this key level may lead to further price movement, aligning with market momentum. - In the provided chart, you can see potential targets that could be reached if the breakout is confirmed.
⚠️ Key Takeaway: Always wait for confirmation before entering a trade, as false breakouts can occur. Manage risk accordingly and apply proper technical analysis strategies.
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