The downtrend on the SOLUSDT price chart lasts exactly one year
The maximum in November 2021 was $260, and the minimum in June 2022 was $26. Painful 10-fold depreciation of SOL in just a year
For the last 4 months, the SOLUSD price has been in a long consolidation in the liquidity zone as in 2021. The exit from consolidation will be impulsive, strong and with a large %% value.
Fixing the SOLUSDT price above $31 will most likely give a good upward movement to $59 and $79
Fixing the price below $26-26.5 may provoke a depreciation of SOLANA by another -50%.
The culmination is coming soon - wait for it and jump on the side of the stronger ones.
_____________________
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The maximum in November 2021 was $260, and the minimum in June 2022 was $26. Painful 10-fold depreciation of SOL in just a year
For the last 4 months, the SOLUSD price has been in a long consolidation in the liquidity zone as in 2021. The exit from consolidation will be impulsive, strong and with a large %% value.
Fixing the SOLUSDT price above $31 will most likely give a good upward movement to $59 and $79
Fixing the price below $26-26.5 may provoke a depreciation of SOLANA by another -50%.
The culmination is coming soon - wait for it and jump on the side of the stronger ones.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Trade closed: target reached
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.