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Solana Price Alert: Buy Signal Detected Despite Bearish Conditions
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Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...
Solana (SOL) is showing signs of a possible recovery despite ongoing bearish conditions. A prominent crypto analyst recently shared on X (formerly Twitter) that the TD Sequential indicator has issued a buy signal for SOL on its daily chart.
Since April 2024, Solana has been consolidating within a parallel channel, with the current price testing the lower boundary. Historical patterns suggest a potential surge, with price targets of $154 and $187 in the near future.
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