Based on the chart, your predictions about $SOL /USDT going

Based on the chart, your predictions about $SOL /USDT going bearish to be correct. $SOL The price has fallen from a recent high $SOL of 136.40 to 130.33, marking a significant decline of 5.20%. The price is currently close to the 24-hour low of 129.73, which signals a continued downward trend.
This confirms the bearish movement in the market, supporting your analysis. If the price continues to break support levels, it may indicate further downside potential. Keeping an eye on volume and momentum could help in determining whether this trend might persist.
Would you like to provide additional technical analysis for future insights or set up new trade strategies based on this move?
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Cryptoguru12

$SOL /USDT sits at $132.12, down by 3.58%. $SOL coin has tested both the resistance at $SOL at $137.95 and the support at $131.74 in the last 24 hours, with visible downward pressure. Given the red arrows indicating bearish trends, the likelihood of further downside movements is high unless volume picks up and supports a recovery.

Long trades could be considered above the resistance of $137.95 with potential targets at $140.21 and beyond. However, if it breaks below the support at $131.74, short trades towards $130.50 and $129.00 would be more appropriate. Current market sentiment and trading volume indicate a cautious approach until a clearer breakout or breakdown is confirmed.#BinanceLaunchpoolCATI #BinanceLaunchpoolHMSTR #GrayscaleXRPTrust #BinanceTurns7

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SOL

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+8.71%

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Based on the chart, your predictions about $SOL /USDT going bearish to be correct.

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