Another Wave Of Selloffs Continues What's Next for SOL?

Friday was bloody literally a slaughterhouse!

Solana dumped more than 20% in a matter of hours, is it the end for the sol, or is it a great buying opportunity? 

well the dump has reached the multi date trendline however the recovery doesn’t look strong there’s a high probability that Solana will go back to eight dollars!

As you can see on the chart there is a sort of looking M pattern that has been produced by the dump! And the price target is around seven dollars

However I do think there is a high probability for the recovery within one week!

All the best!

Aventurine