Solana Eyes Deeper Correction As Bearish Pattern Confirmation Targets $40

As Solana (SOL) trades at multi-year lows, some an

Solana Eyes Deeper Correction As Bearish Pattern Confirmation Targets

Solana Eyes Deeper Correction As Bearish Pattern Confirmation Targets $40

As Solana (SOL) trades at multi-year lows, some analysts have lowered their end-of-year targets. Meanwhile, other market watchers have warned that the altcoin risks another 50% correction after a bearish formation was recently confirmed.

SOL H&S pattern’s breakdown target $42. Source: Alex Clay on X
Solana’s performance in the one-week chart. Source: SOLUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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