May 7, 2025

Solana (SOL) Finds Strong Support at 200-Day EMA, Eyeing Rebound from Key Price Levels

1 min read

Solana [SOL] has recently reached a key price level, prompting bulls to make a comeback near the 200-day EMA. Despite a decline in the funding rate, there are signs of potential improvement in SOL’s performance. The altcoin experienced a noteworthy price reversal from the $202 resistance in April, spurring renewed market interest. Analyzing SOL’s latest

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