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Solana Daily base support & resisitance levels
#solana
#support
#ResistanceBreak
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The Bitcoin (BTC/USDT) price chart shows a current value of $96,339.41, with a daily range between $95,770.49 and $96,339.41, reflecting a 0.16% increase. The price is consolidating between a support level at $89,543.32 and a resistance level at $106,035.22, indicating a sideways market trend. The RSI reversal pattern suggests that momentum may be shifting, potentially leading to a breakout in either direction. If the price breaks above resistance, it could signal a bullish trend continuation, while a drop below support may indicate a bearish move. Traders should watch for confirmation signals before making decisions.
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The Solana (SOL/USD) price chart indicates a current value of $171.68, with a daily range between $167.98 and $171.69, reflecting a 1.69% increase. A green-shaded region highlights a strong support zone, where the price previously rebounded before moving upward. The next resistance level is around $213.95, which may act as a barrier if the price continues to rise. On the downside, support levels at $153.99 and $126.13 suggest possible areas where buyers might step in if a decline occurs. The gray projected path suggests a short-term uptrend toward resistance, followed by a potential pullback. Additionally, the blue vertical line on March 17, 2025, indicates a key event or trend shift that could influence price action. While the short-term outlook appears bullish, caution is advised near resistance levels due to the possibility of a reversal.
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