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The first resistance for the digital gold is near the $76,000 level, which could potentially limit upward movements if not surpassed with substantial buying momentum. A well-defined support zone near $60,000 should offer a safety net against any short-term pullbacks. The current positioning of Bitcoin, slightly above $70,000, is critical, as it is indicative of the
SOL is above numerous moving averages, signaling a potential continuation of the bullish rally. Being above the 50-day average is a good sign for the short term performance of SOL, and being above the 200-day average is a good sign for the long term movement of the asset.The amount of SOL being traded, or the volume, helps us understand if the trend is strong. For now, volume profiles show a descending tendency, signaling a potential weakness in the current trend.
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