Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here's why
Cointelegraph
Published May 26, 2022 12:22PM ET
Updated May 27, 2022 02:20PM ET
Solana (SOL) dropped on May 26, continuing its decline from the previous day amid a broader retreat across the crypto market.
SOL price fell by over 13% to around $41.60, its lowest level in almost two weeks. Notably, the SOL/USD pair also broke out of what appears to be like a "bear pennant," a classic technical pattern whose occurrences typically precede additional downside moves in a market.
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Written By: Cointelegraph
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