SOL bottom scenario for BINANCE:SOLUSD by ama8999

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I believe SOL might be a very good bet down here:

- down 96% from the highs
- Bitcoin trading in deep value zone
- market sentiment reached extreme bearishness
- at least ready for a counter-trend rally

Comment:

Yesterday SOL tagged the 0.618 level outlined in the chart, during the latest wave of panic.
Let's see if it holds...

Comment:

SOL price action compressing. Looks ready for continuation.

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