๐จ $SOL is losing momentum. Here's my 48h read.
๐ Price (106.18) sits below both EMA20 (109.59) and EMA50 (112.34), and the EMAs are stacked bearishly.
โ๏ธ RSI at 41 shows weak momentum, not oversold yet, so there's room to fall.
๐ Volume is running 1.65x average on this drop, which points to real selling pressure.
๐ฏ Target: 101.70 (support)
๐ Invalidation: 109.60 (a 4h close back above EMA20 breaks this idea)
Do you agree, or are you bullish here? Let me know below ๐
Follow me for the next forecast. I post two a week.
๐ How did my last forecast do?
I said $BTC would drop from 83,736 to 81,500 in 48h.
โ It reached the target (-2.67%).
๐ The original forecast: https://app.binance.com/uni-qr/cpos/374715289657022?r=HVTQDXNE&l=en
๐ The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Solana
๐ Price (106.18) sits below both EMA20 (109.59) and EMA50 (112.34), and the EMAs are stacked bearishly.
โ๏ธ RSI at 41 shows weak momentum, not oversold yet, so there's room to fall.
๐ Volume is running 1.65x average on this drop, which points to real selling pressure.
๐ฏ Target: 101.70 (support)
๐ Invalidation: 109.60 (a 4h close back above EMA20 breaks this idea)
Do you agree, or are you bullish here? Let me know below ๐
Follow me for the next forecast. I post two a week.
๐ How did my last forecast do?
I said $BTC would drop from 83,736 to 81,500 in 48h.
โ It reached the target (-2.67%).
๐ The original forecast: https://app.binance.com/uni-qr/cpos/374715289657022?r=HVTQDXNE&l=en
๐ The result chart is in the 2nd picture
Not financial advice. DYOR.
#CryptoForecast #TechnicalAnalysis #Solana