$SOL Analysis:

Solana's price is showing signs of resilience, inching up 0.99% in the past 24 hours to $155.56. Historically, SOL has closed above its opening price 49.76% of the time, indicating a neutral bias.

However, it's worth noting that SOL is still trading 38.30% below its all-time high of $252.12, reached 2 years and 9 months ago. This significant discount presents a potential buying opportunity for traders looking to capitalize on a rebound.

Keep a close eye on SOL's price action, as a breakout above key resistance levels could signal a return to its former highs. But be cautious, as the crypto market's volatility demands careful trading strategies.

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