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#SOL
🚨Solana’s Next Big Move: Breakout or Pullback?
Solana (SOL) has been showing strong momentum, currently trading at $166.87, after a recent 9.33% decline. Despite the pullback, technical indicators suggest that SOL is testing the critical $270 resistance level. A breakout above this zone could send the price towards $330, while a failure to hold support at $258 might trigger further downside.
Looking at the bigger picture, long-term projections point to a potential target of $4,000, backed by bullish patterns such as the cup and handle formation. However, market volatility remains a key factor, so risk management is crucial.
Are we about to witness a massive rally, or will SOL face another rejection? Let me know your thoughts below! DYOR