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$SOL — Consolidating for a Breakout? 🔥 Price sitting at $132.62, showing a slight +1.10% increase today. After a sharp decline from its previous high of $203.99, SOL has been consolidating between the $130.80 support and $140.12 resistance. This price action suggests that the market is gathering energy, and SOL could be setting up for its next big move.
Currently, the price is hovering near the $132.64 level, with a possible breakout towards $135.66 if buying momentum kicks in. Volume is relatively stable, but the real test will come when the price breaks either above the $140 mark or drops below the $130 range.
The market sentiment is neutral for now, but with its previous highs and recent price stability, SOL could be on the verge of a significant push upward. Keep an eye on volume for signs of increased buying pressure.