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Solana is facing bearish short-term momentum after declining 5.47% over the past 24 hours, with $1.26M in trading volume and a $115.48M market cap.
Selling pressure has outweighed buying activity throughout the session, although recent trading suggests the decline may be starting to stabilize near support
The market is now watching whether buyers can build a meaningful rebound from current levels or if continued weakness extends $SOL corrective phase