Solana Shows Strength Despite Market Challenges
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Leading altcoin Solana (SOL) is experiencing significant price consolidation, with its value fluctuating within a narrow range.
This has left investors uncertain about its next price movement.
However, technical indicators hint at a possible hidden bullish breakout in SOL’s price rally, creating anticipation in the market.
Can Solana Make a Major Move?
The recent resurgence of memecoin hype has provided momentum for Solana, with bulls maintaining the price above $180.
Despite this, increasing bearish pressure has resulted in a noticeable pullback, causing SOL’s price to consolidate between $163 and $172.
This consolidation period suggests potential for a significant price movement in the near future.
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