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DEWA JUDII
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Binance News
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Solana Faces Potential Drop Below $50 Amid Bearish Pattern
Analysts have raised concerns that Solana (SOL) might fall below the $50 mark following the confirmation of a head and shoulders bearish pattern on its charts. According to NS3.AI, SOL has experienced a decline of over 72% from its peak in January 2022. The monthly chart reveals signs of a prolonged downtrend, suggesting the possibility of reaching even lower levels, potentially near $30. The absence of robust support levels further complicates the outlook, indicating a potential for more significant declines.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL+4.43%
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