Solana’s price is approaching the edge of a critical consolidation phase, with the next few days being crucial for determining the direction of the trend.
SOL has maintained an elevated trend for the past 6-8 months, with bulls holding a strong grip over the rally despite interim pullbacks.
The daily chart reveals SOL trading within a symmetrical triangle, with the price close to the apex, indicating a potential breakout or breakdown.
The cryptocurrency market is experiencing rapid changes in dynamics, with Bitcoin’s dominance on the rise, potentially overshadowing altcoins and limiting their value appreciation.
However, Solana (SOL) is exhibiting unique price behavior as it approaches a critical point in its consolidation phase. The upcoming days will be pivotal for the SOL price, as bulls and bears engage in a fresh battle for control.
Over the past 6 to 8 months, Solana’s price has maintained an upward trajectory, with bulls successfully defending the rally agains
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