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Solana
Short

$SOL Short-Term Pain Ahead

By jonnieking
SOL price broke to the downside of the 50D SMA
Bearish Crossing from the 20D MA ahead.

Needs to hold critical support at $190 / .786 Fib

Another bearish day could dump SOL to $175 / .618 , and if that doesn’t hold the move should finish at $165 / 50% level.

RSI shows more downside for confluence.
Bearish PatternsFibonacciMoving AveragesmovingaveragecrossoverSOLsolanaTrend Lines
jonnieking
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