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$SOL — Trade Analysis
Overview: Solana is a high-performance Layer-1 known for fast transactions and strong ecosystem growth.
Price: ~$113.7
Trend: Short-term bearish breakdown
Technical Levels:
Support: $112 – $105
Resistance: $118 – $125
Indicators:
RSI: Oversold
MACD: Bearish momentum
EMA: Price below 20/50 EMA
Trade Plan:
Entry: $110 – $114
Targets: $118 / $125 / $135
Stop Loss: $103
R:R: ~1:3
Outlook:
Short-term: Volatile recovery possible
Long-term: Strong if ecosystem growth continues
Sentiment: High fear, good for swing entries
$SOL
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