🚨 $SOL is losing momentum. Here's my 48h read.
📉 Price (106.18) sits below both EMA20 (109.59) and EMA50 (112.34), and the EMAs are stacked bearishly.
⚖️ RSI at 41 shows weak momentum, not oversold yet, so there's room to fall.
🔊 Volume is running 1.65x average on this drop, which points to real selling pressure.
🎯 Target: 101.70 (support)
🛑 Invalidation: 109.60 (a 4h close back above EMA20 breaks this idea)
Do you agree, or are you bullish here? Let me know below 👇
Follow me for the next forecast. I post two a week.
📋 How did my last forecast do?
I said $BTC would drop from 83,736 to 81,500 in 48h.
✅ It reached the target (-2.67%).
🔗 The original forecast: https://app.binance.com/uni-qr/cpos/374715289657022?r=HVTQDXNE&l=en
👇 The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Solana
📉 Price (106.18) sits below both EMA20 (109.59) and EMA50 (112.34), and the EMAs are stacked bearishly.
⚖️ RSI at 41 shows weak momentum, not oversold yet, so there's room to fall.
🔊 Volume is running 1.65x average on this drop, which points to real selling pressure.
🎯 Target: 101.70 (support)
🛑 Invalidation: 109.60 (a 4h close back above EMA20 breaks this idea)
Do you agree, or are you bullish here? Let me know below 👇
Follow me for the next forecast. I post two a week.
📋 How did my last forecast do?
I said $BTC would drop from 83,736 to 81,500 in 48h.
✅ It reached the target (-2.67%).
🔗 The original forecast: https://app.binance.com/uni-qr/cpos/374715289657022?r=HVTQDXNE&l=en
👇 The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Solana