Solana's price rose by 2% overnight and is currently consolidating around $85. Technical indicators show mixed signals. While short-term moving averages suggest a potential rebound, long-term averages remain bearish. Standard Chartered has lowered its target price for SOL to $250. The key resistance level is at $92.34, with support at $86.14; if this support is broken, the price may drop to the $80 level. Overall, the recovery prospects for the stock face challenges from resistance above and require clearer macroeconomic catalysts.

SOL1.28%
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