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- Bullish momentum in Solana, aligned with Bitcoin's strength
- Broke above 200 EMA, targeting 155-160
- Respecting 146 resistance level
- Increasing open interest, with short orders opening (bullish sign)
- Relative strength against Bitcoin is flat, but in an uptrend since June 24th
- Consolidating with clear range and EMA support
- Bullish breakout possible, dependent on Bitcoin's movement
- Technical structure suggests 155-160 target if consolidation range holds
