Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here’s why By Cointelegraph
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Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here’s whySolana (SOL) dropped on May 26, continuing its decline from the previous day amid a broader retreat across the crypto market.
SOL price fell by over 13% to around $41.60, its lowest level in almost two weeks. Notably, the pair also broke out of what appears to be like a “bear pennant,” a classic technical pattern whose occurrences typically precede additional downside moves in a market.
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Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here’s whySolana (SOL) dropped on May 26, continuing its decline from the previous day amid a broader retreat across the crypto market.
SOL price fell by over 13% to around $41.60, its lowest level in almost two weeks. Notably, the pair also broke out of what appears to be like a “bear pennant,” a classic technical pattern whose occurrences typically precede additional downside moves in a market.
Continue Reading on Coin Telegraph
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