The cryptocurrency analyst and trader Jason Pizzino warns that a competitor of Solana (soil) risks severe correction.
In a new video, Pizzino said to its 345,000 YouTube subscribers that Su (Su) could repeat a historic model that could lead to collapse.
According to Pizzino, Suis saw a start in time and the price after its collapse of $ 2.38. Pizzino explains that the sleeping means that Suis has dropped longer and more in time than any corrective period of which it witnessed during this bull market.
With the current configuration, the merchant claims that sui could follow in the footsteps of his April to August 2024 on prices when he initially increased from about $ 2 to $ 1 before attending another corrective decision in depth .
“(SUI is) trying to maintain the level of 50% similar to what he did the last time (in April 2024). Okay, it was a 58% drop in this monster background ($ 0.43 in August 2024). So see this discharge in this level. They are almost exactly the same guys.
He says that if SUP cannot have $ 2 as a support on the daily table, it can decrease to $ 1.60 or even lower, which would comply with the 2024 model.
“So, if you get the next two panic in the next two, I would come back somewhere at $ 1.60, maybe even $ 1.10, $ 1.20 to these previous summits, maybe go down to this area (about $ 0.73). But we will not worry about them yet. Let’s see if it really comes back in $ 2. »»
Suit is negotiated at $ 3.60 at the time of the editorial staff, up 14% in the last 24 hours.
https://www.youtube.com/watch?v=YH8K-ODQ5PS
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