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CoinOtag 2024-06-24 07:02:17

Solana Price Decline Continues: SOL Falls Below Key Resistance Levels

Solana continues to struggle, failing to surpass the crucial $135 resistance mark, leading to a downward spiral. The cryptocurrency’s price is presently trading below $130 and is constrained by the 100-hourly simple moving average. Technical charts indicate a bearish trend, with resistance forming at $130 on the SOL/USD pair’s hourly chart (data sourced from Kraken).

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