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📈 Positive outlook on Solana (SOL)
Reading the chart, Solana shows an encouraging signal after a strong correction phase. The market has found solid support around the $60 zone, then built a gradual recovery with a series of green candles indicating a return of buyers.
Positive points:
✅ Strong rebound from the lows: buyers defended the $60-62 zone, confirming significant interest at these levels.
✅ Rapid recovery: despite the sharp drop, the price has risen back above $73, indicating improving sentiment.
✅ Recovery structure: the lows are getting higher, which could signal a continuation of the bullish movement if the momentum persists.
✅ Catch-up potential: if Solana sustainably breaks the resistance around $75-76, a move back to $80 and then $85 could be considered.
My personal opinion: Solana demonstrates strong resilience. The fact that the market absorbed the heavy selling pressure and was able to rebound quickly is a sign of strength. As long as the $70 support remains intact, the scenario remains favorable for buyers in the medium term.
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