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$SOL is currently squeezing inside a large symmetrical triangle, with price now testing the lower trendline support around $74.
The structure is getting tighter, so I’m expecting a bigger move soon. A clean bounce from this support could send SOL back towards $78–$80, while a breakdown below the trendline could open the door for further downside.
RSI is also sitting near the lower zone, so this is definitely an area to watch closely.
The breakout direction should give us the next clear move.
#SOL