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Crypto

Solana's Critical Price Level: Hold $73 or Risk Decline

Guavy AI Editorial Team
Instruments
SOL
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Solana's price is currently at a critical juncture as it tests support around $73, which aligns with the 0.382 Fibonacci retracement level at $73.89.

Breaking above $77 resistance could propel SOL toward $80-$84 price targets, according to technical analysis.

However, failure to maintain $73 support may trigger a decline toward $68-$64 zone, potentially reaching June's $60 low.

Crypto Patel highlights the $52-$73 range as strategic long-term accumulation territory based on the weekly timeframe.

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