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Solana technical analysis

Solana Faces Technical Correction Risk Despite Strong Onchain Fundamentals

Solana (SOL) is exhibiting technical indicators suggesting a potential short-term price correction, while underlying onchain metrics point to sustained long-term investor confidence. A bearish head-and-shoulders pattern has formed on SOL’s daily chart, indicating a possible downturn. The critical support level… Read More »Solana Faces Technical Correction Risk Despite Strong Onchain Fundamentals

Solana Exhibits Bullish Reversal Signals as Technical Indicators Point to Breakout Potential

Solana (SOL) is displaying technical signals suggesting a potential price reversal, with bullish momentum indicating a possible breakout above the $157 resistance level. The Moving Average Convergence Divergence (MACD) chart shows a golden cross formation—a classic bullish indicator—while the Balance… Read More »Solana Exhibits Bullish Reversal Signals as Technical Indicators Point to Breakout Potential