Currently, SOL is trading at $142.31, down 1% on the day. Historically, the coin has closed higher 49.72% of the time, so we expect a rebound. However, we are still 43.55% below the all-time high of $252.12 set in November 2021. I have been watching this trend closely and waiting for a breakout of resistance before entering the trade. The trend is still bearish, but I hope there will be a reversal soon.

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