$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.
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