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Solana Price Risks 50% Crash From Triangle Pattern As Whales Dump SOL

CoinGape
Summary
Nutrition label

56% Informative

Solana price is on the verge of a 50% crash after testing a bearish breakout from an ascending triangle pattern.

Whales appear to be hedging against risk after one address sold nearly $8M worth of SOL .

Declining network activity might accelerate the downtrend and force SOL price to plunge further.

The most crucial support level for SOL in this pattern is $ 125 .

VR Score

30

Informative language

14

Neutral language

19

Article tone

formal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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