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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
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$SOL
Taking a look at the bigger picture, a price decline to $16 would bring the Solana coin to a crucial support trendline of a rising channel pattern that has been shaping its trajectory for the past seven months. As long as this support remains unbreached, it acts as Solana’s safety net, preventing any catastrophic declines.
A bearish alignment between the MACD(blue) and signal(orange) reflects the selling momentum in active.
Source: Sahil Mahadik