Pawfury (PAW) Emerges as a Top-Tier Contender Amidst Solana's (SOL) Bearish Prediction

As Solana (SOL) shows potential for continued bullish momentum in search of reclaiming the $200 resistance, an analyst has warned that investors should be ready for a possible bumpy ride ahead.

Solana (SOL) might be gearing up for another leg down in its price action, as analyzed by crypto trading expert Alan Santana, who spotted a bearish signal that could see the DeFi token sliding toward the $90 level.

Meanwhile, presale projects like Pawfury (PAW) are grabbing the attention of investors with the promise of high returns and predictable patterns, offering a refreshing alternative to established tokens in the volatile crypto landscape.

Solana Technical Analysis: Bearish Signal Points to Further Downtrend

According to Santana’s analysis, Solana’s price action in August 2024 seems to be setting up a bearish continuation pattern. The analysis, posted on TradingView on August 10, shows parallels between the current price and volume movements and those observed in July 2023.

A closer look at the chart reveals that after over 140 days of bearish price action, Solana experienced a strong bearish volume spike. This price action suggests the continuation of the current downtrend.

Highlighting the key levels to watch, the analysis shows that if this bearish momentum continues, Solana could be headed toward the $90 level—a significant support zone based on past trading activity.

Presale Projects: Pawfury Emerging as a Top Contender

As Solana’s price action unfolds, presale projects like Pawfury are gaining traction among investors. This project is emerging as a top-tier contender in the crypto market.

Pawfury combines advanced technology with practical utility, setting itself apart from other coins and making it an attractive investment option. Backed by a strong and growing community and continuous development, Pawfurry demonstrates immense growth potential.

This strategic positioning and innovative approach make Pawfury a standout choice for investors looking for high returns in a competitive market.

Presale is Live – Join Now for a Chance to Benefit with PAW

Investors can now enjoy a 10% extra bonus on their first purchase on Pawfury, using the promo code “EXTRA10X” for a limited time.

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