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Solana Price Hovers Near $73 as Whale Accumulation and Technical Analysis Suggest Breakout Decision

Guavy AI Editorial Team
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SOL
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Solana's price is currently trading near $73 as large-wallet activity and technical analysis suggest it may be approaching an important breakout decision.

The token has been accumulating in a whale's wallet, with approximately $17.41 million worth of SOL being moved from a Kraken hot wallet to a separate address.

This accumulation adds support to the view that larger investors are becoming more active around current prices, but it does not guarantee an immediate rally.

Solana is also approaching the apex of a symmetrical triangle after several months of lower highs and improving support beneath price.

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