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Is $SOL finally breaking that local curse or is another rejection loading?
Looking at the 1h chart, Solana has been putting in a decent recovery since that $79.61 floor. We've been printing higher lows, which is usually a good sign, but we just hit a wall at the $84.96 mark.
Right now we're hovering around $83.90. The volume looks healthy, and the order book is slightly leaning towards the buyers at 51%, but the sellers are stacking up pretty thick near $85.
If we can reclaim $85 and hold it as support, we might actually see some momentum back toward the $90 range. If not, I'm expecting a pullback to test the $82 level again.
#SOLStandsStrong