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Solana Price Prediction: $100 Level in Focus Amid Technical Weakness

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SOL
$125.62-0.53%
Solana (SOL) is testing the $125 support level, a critical area since early 2024. Technical indicators show bearish momentum, with RSI below 50 and no MACD crossover. The support level has been repeatedly challenged without a rebound. Network activity stays strong, but price pressure continues. A breakdown below $125 could push the price toward $70. Despite high DEX volume and app revenue, the market remains bearish, showing a gap between fundamentals and technical indicators.
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