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$SOL shows potential stabilization after a sharp breakdown phase.
Following a clear rejection from the resistance line, price cascaded toward the lower channel boundary, where a base is now forming.
📉 Technical View:
• Pattern: Descending channel with post-break consolidation
• Bias: Bullish corrective bounce could develop if support holds
• Key Level: Watch support around $75–78 and resistance near $95–100
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⚠ A sustained move below the $75 region could open the door for renewed downside pressure and weaken the rebound scenario.
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