Solana in a Macro Accumulation Zone:  $300 Still Appears to be an Achievable Target for SOL Price

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Story Highlights* Solana has entered a crucial consolidation phase, which points towards a breakout, but only after a bullish confirmation

  • The levels around $200 could mark both a psychological and technical resistance, aligned with historical rejection zones and fib extensions from recent swing lows
  • Meanwhile, a sharp rejection and a breakdown below the current key support range could invalidate the bullish setup to $200
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