Solana is currently consolidating between the \$77 support and \$96 resistance levels, showing a neutral-to-bearish short-term trend below key moving averages.
Market sentiment remains cautious due to recent outflows from SOL ETFs and a significant reduction in ecosystem Total Value Locked (TVL) over the past month.
A confirmed break below \$77 could lead to further downside toward \$68, while a close above \$88 is required to shift momentum back to the bulls.
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$Solana coin
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