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The Solana price has staged a sharp recovery after a steep decline inside a falling channel. After slipping toward the lower part of that structure, SOL found strong support near $67 in early February and rebounded over 30%. The bounce was fueled by dip buying, possibly by the most hopeful crowd.
At first glance, the rebound looks convincing. But the SOL price is still trapped below major resistance, and on-chain data shows mixed conviction. The market now faces a critical test: whether buyers can turn…