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$SOL has witnessed substantial long liquidations, reflecting heavy selling pressure as leveraged longs were flushed from the market. Price is testing a major support level where market sentiment remains fragile.

Entry: $73.3–74.0

Support: $72.0

Resistance: $75.5

Next Target: $70.2

Stop Loss: $76.4

Holding below resistance could keep bears in control and extend the current decline.

$SOL

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