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SOL

Solana Holds Above $186; Bullish Momentum Meets ETF Uncertainty

I see Solana trading at $186.98, down about 3.6% today after the SEC delayed its ETF decision.

Technicals still show bullish momentum and the fact SOL is holding above $186 suggests underlying support despite the regulatory noise.

I remain cautious about near-term volatility from continued ETF uncertainty and will watch whether support holds or momentum accelerates higher.

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Analysis

Momentum indicators point to upside, but the SEC delay elevates short-term downside risk; the $186 area is a key support level for trend confirmation.

Recommendation

I am watching price action—wait for confirmation above key moving averages or consider buying on weakness near established support if you accept regulatory risk.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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