Solana (SOL) Price Rallies 23% From June Bottom — Will $80 Resistance Hold Strong?
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🚨 Solana has risen 23% from its June low, reaching around $74, bringing critical thresholds for $SOL back into focus. 📊 The transfer of approximately 600,000 SOL to centralized exchanges has increased the likelihood of short-term selling pressure. 📉 The $74.65 to $75 range...
Solana (SOL) Price Rallies 23% From June Bottom — Will $80 Resistance Hold Strong?
Quick Summary Approximately 600,000 SOL tokens recently moved to centralized exchanges, signaling potential selling pressure or hedging activity. Technical analyst Ali Charts identified a TD Sequential sell signal on the 4-hour timeframe, with immediate resistance at $74.65 and the 200 SMA positioned at $75. SOL currently hovers near $74, marking a substantial 23% climb from its June bottom at $60. The $73 price point remains crucial — maintain…
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