![Assessing why Chainlink [LINK] continues to go sideways despite…](https://oofcrypto.com/wp-content/uploads/2022/08/mike-alonzo-Xe7za0JtTeM-unsplash-1-1000x600-75x75.jpg)
Solana bears get burned if SOL fails to interrupt down
Solana value has moved decrease by as a lot as -30% over the previous six buying and selling days. Because the pullback from new all-time highs continues, Solana is getting into into established median pullback ranges in cryptocurrencies. In consequence, shorts trying to enter the market close to the $150 might discover themselves on the shedding facet of a runaway market.
Chainlink bears will get rekt if LINK value strikes previous $30
Chainlink value has discovered vital buying and selling alternatives and help/resistance inside June’s major bear flag channel. In consequence, many resistance ranges are forward for Chainlink and share the identical worth space as the highest of this channel.
SafeMoon value caught in a downward channel towards $0.00000050
SafeMoon (SAFEMOON) has been caught in a downward development channel since Could and has not been in a position to get away of it since. Sellers look to have the higher hand as each try to interrupt the upside is met with heavy promoting pressure. An middleman consolidation appears to ship SAFEMOON value motion down once more.
