$SOL /USDT Analysis: Potential Buying Opportunity

Solana has recently fallen below the 50-day moving average and the critical support level of $140 on the daily chart. This decline suggests increasing bearish pressure. However, a strong support zone has formed between $121 and $125, which could present attractive buying opportunities if this level holds. Monitor trading volume and overall market sentiment for additional insights. Remember to implement effective risk management strategies in your trading approach.

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