via BeInCrypto · By Ananda Banerjee
The Solana Pattern Traders Love Is Actually a 50% Crash Setup
SOL/USDT
$3,314,956,995.06
$75.00 / $68.16
Change: $6.84 (10.04%)
-0.0178%
Shorts pay
Solana price has held a rising channel for more than three months, yet the structure may be hiding the same continuation pattern that powered a collapse of over 50% from mid-January to early February.
The token sits roughly 3% above the channel’s lower trendline. On-chain data shows hodler conviction slipping and short-term holder cushion thinning. The setup is one bad day from breaking.
Sol…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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