Solana (SOL) is exhibiting a rising wedge pattern on the 1-hour chart, suggesting a potential trend reversal. The cryptocurrency recently faced resistance at $211.25 and has retreated to the lower boundary near $202. A breach below this support level could signal a bearish shift, potentially driving SOL prices down to $175.8. Alternatively, a rebound above $200 might see prices climb back toward $218.
Solana (SOL) Forms Rising Wedge, Indicating Possible Downside
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