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Price analysis 10/12: SOL
SOL/USDT Solana ( SOL tickers down $29 ) rose above the moving averages on Oct. 10 but that proved to be a bear trap. The price quickly turned down and dipped below the support at $31.65 on Oct. 11. Source: TradingView Buyers purchased the drop and are attempting to push the price back above the breakdown level of $31.65. The bears may again try to stall the recovery at this level. The downsloping moving averages and the RSI in the negative territory suggest that bears have the upper hand. Source - Coin Telegraph #solana
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