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Solana's Intraday Surge: Will $157 Mark the Path to $170?

Long
BYBIT:SOLUSDT.P   SOLUSDT Perpetual Contract
Yesterday, Solana moved bullish in the H4 chart towards $157.

1. A bounce off $150, followed by a bullish surge to $157, could pave the way for $169-$175. However, reclaiming $157 is essential first.

2. A move to below $143 may exert further downward pressure towards $137 and $131, the key intraday support, with expectations for a slow and choppy price movement in this scenario.

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