Solana (SOL) has just broken a key support level, and this time, it has the potential to confirm a breakout of the highlighted **yellow zone**. If the price decisively breaks **$124.26**, it could signal the beginning of a new wave.
🔍 **Technical Insights:** - The breakout of this key level may lead to further price movement, aligning with market momentum. - In the provided chart, you can see potential **targets** that could be reached if the breakout is confirmed.
⚠️ **Key Takeaway:** Always wait for confirmation before entering a trade, as false breakouts can occur. Manage risk accordingly and apply proper technical analysis strategies.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.