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In the past few hours, the price movement of Solana (SOL) has shown a positive trend. After hitting a low of 174.00 dollars, SOL has launched a rebound and has now firmly established itself above the important technical level of 183.50 dollars. This trend indicates that buyers are gradually gaining dominance, and the market trend is becoming increasingly clear.


Currently, the trading price of SOL is fluctuating around 185.90 USD. In the short term, investors should closely monitor the performance of the critical support level at 184.00 USD. If the price can consistently stay above this level, then on an hourly basis, SOL is likely to continue its upward trend. Next, market participants should closely watch whether the resistance level near 186.89 USD can be broken. Once successfully broken, SOL may further advance into a higher price range.
For investors who are interested in participating, consider looking for entry opportunities in the $183-184 range. Potential target price levels could be set in the $187-192 range. However, it is essential to flexibly adjust the take-profit strategy based on real-time market movement. It is worth noting that the cryptocurrency market carries high risks, and investors should proceed with caution and implement risk management.
SOL-4.17%
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