Solana rebound in play as SOL price awaits golden cross confirmation

SOL is indicating bullish momentum after a recent low, aided by a golden cross on the MACD chart. Currently trading at 152.20 USD, it faces resistance at 157.92 USD; further gains towards 165.12 USD are possible if buying pressure continues.

The positive Balance of Power indicates buyers are regaining control, which supports a potential breakout. However, if buying pressure diminishes, SOL could descend to its support around 142.59 USD.

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