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Mastering Crypto

09/05 11:20

Solana price analysis

Solana’s SOL  are trying to start a relief rally, but it is likely to face selling at the downtrend line.

If the price turns down sharply from the current level or the downtrend line, it will suggest that the sentiment remains negative and traders are selling on rallies. That may pull the price to $18.32 and thereafter to $16.

This negative view could be invalidated in the near term if bulls kick the price above the downtrend line. The SOL/USDT pair can then attempt a rally to $22.30, where the bears will likely mount a strong defense.1693912803316.png

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