Cryptonary

Solana ($SOL) recently broke out of its downtrend, but traders remain cautious, as seen in fluctuating open interest and funding rates. While the price briefly reclaimed a key level, its ability to hold as support will determine the next move.

Technical indicators show mixed signals, with resistance levels ahead that could challenge further upside. In the short term, price action remains uncertain, and upcoming events might influence sentiment.

A key support level below could play a crucial role in shaping the next trend. Will $SOL sustain its breakout or retrace lower? Stay ahead of the market—read our full analysis for in-depth insights.

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