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Solana Price Prediction: Trendline Break Pushes SOL Into Critical Support Zone

4M ago
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bearish:

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  • Solana trades near $141.79 after breaking its year-long ascending trendline and failing its retest near $160.
  • Spot flows stay negative with $11.66M in outflows, reinforcing the distribution trend that has dominated since early September.
  • Derivatives activity rises as open interest climbs to $7.51B, while buyers attempt stabilization above intraday VWAP near $141.60.

Solana price today trades near $141.79, stabilizing after a sharp breakdown below the year-long ascending trendline that supported every major rally since early 2025. The move has shifted momentum toward sellers as spot outflows remain elevated and derivatives positioning shows leveraged traders pulling back.

Trendline Break Confirms Momentum Shift

SOL Price Dynamics (Source: TradingView)

The daily chart shows a clear structural change. Solana broke decisively below the rising trendline that carri…

Read The Full Article Solana Price Prediction: Trendline Break Pushes SOL Into Critical Support Zone On Coin Edition.

4M ago
bullish:

0

bearish:

0

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