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SOL/USDT Likely to Go For a Correction? Solana Analysis

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BINANCE:SOLUSDT   SOL / TetherUS
💎 Yello, Paradisers! Let's focus on SOLUSDT – it's currently on an upward trajectory within an ascending channel, indicating the possibility of an adjustment due to an imminent supply zone.

💎 Of late, Solana has been consistently ascending within this channel. However, we may see a shift or correction soon. It's important to note that SOL is approaching a critical support level at $53.4.

💎 Beyond this level lies a significant supply zone, marked by an untouched Order Block (OB). Should SOL break below this support, it's likely to head towards the demand zone, as outlined in our charts.

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