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$SOL recent candles show hesitation near the long-term support.
Price has been fading inside a broad descending structure, with sellers repeatedly rejecting attempts to reclaim the mid-range trendline.
📊 Technical View:
• Pattern: Descending Channel + Local Compression
• Bias: Short-Term Recovery Potential
• Key Level: $118–122 Support Shelf
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⚠ A deeper dip under the support shelf could reopen the path toward fresh lows, postponing any meaningful counter-trend rally toward the target line.
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