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How Strong Is Solana’s Downside Risk?

How Strong Is Solana’s Downside Risk?


Vauld Insights
2022-06-03 12:30:00

Solana’s downtrend could gain momentum if a descending triangle is confirmed. The Supertrend indicator and the DMI add credence to the bearish outlook. SOL needs to rise back above $50 to secure the uptrend. Solana (SOL) appeared to be struggling with building a recovery after buyers faced a massive supply barrier approaching $40. At the […]The post How Strong Is Solana’s Downside Risk? appeared first on Vauld Insights.


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