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SOLUSDT Analysis June 2, 2022

Short
BINANCE:SOLUSDT   SOL / TetherUS
We've turned Bearish on Solana, SOLUSDT , since April 11, 2022. We are below both the Daily and Weekly Downtrend Line, lost the ($97.50) Support, and the ($36.00) Support Area is next in line. We are down 60% since April and over 85% since the All Time High of ($259.00). The ($36.00) Support Area is a 85% drop from the ATH and the next level is the ($19.00) Resistance Area, over 90% drop from ATH. Not Financial Advice...Trade with Confidence and Control.

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