Solana (SOL) has achieved a significant breakthrough by breaking both long-term and short-term resistance lines, indicating a shift in market dynamics. This breakthrough suggests that the selling pressure that previously impeded its progress has weakened or been overcome by increasing buying pressure, potentially leading to an upward surge in value and a new bullish trajectory.
While recent price movements support the notion of a potential bullish trend reversal, it is important to acknowledge the possibility of a price correction. However, there are currently no immediate indications or signals in the short term to suggest such a decline is likely to occur.
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