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Overall, SOLUSDT which experienced significant volatility yesterday continued to decline significantly for a third day, trading around the price of $132.50, down 4.45% at the time of writing. The downtrend is very strong as it is stable on the 1D chart.
Two key support levels at 170.00 and Critical Support Level 140.00 USD (as mentioned on the chart) have been broken and the bearish trend is now in favour. Fundamentally and technically the market is showing negative so we can expect a bearish scenario at this time. The expected target in this case is 99.12 USD.
What do you think? Should we consider selling?
Overall, SOLUSDT which experienced significant volatility yesterday continued to decline significantly for a third day, trading around the price of $132.50, down 4.45% at the time of writing. The downtrend is very strong as it is stable on the 1D chart.
Two key support levels at 170.00 and Critical Support Level 140.00 USD (as mentioned on the chart) have been broken and the bearish trend is now in favour. Fundamentally and technically the market is showing negative so we can expect a bearish scenario at this time. The expected target in this case is 99.12 USD.
What do you think? Should we consider selling?
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