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SOL Update
On the 4-hour timeframe, SOL is showing a bearish market structure. If SOL breaks below the $68 support level and confirms a lower low, the next major support zone could be around $60.
There is also discussion regarding FTX/Alameda-related distributions, with institutions potentially choosing between cash settlements and SOL. If a significant amount of SOL enters circulation and recipients decide to sell, it could create additional selling pressure on the market.
Which coin should we analyze next?
👍 XRP
❤️ ZEC
🥵 HYPE
#MyGateTradeStory #Get2SharesOfSKHynixAtZeroCost