Post
--Bearish
CryptoJobs3
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Bearish$SOL analysis:
Weekly: trapped under the Kumo and between the T/K levels.
Neutral area: 109 to 92.50
92.50$ is the key level to watch, as it matches the weekly 50% fib.
Hold above and bulls could push upward again.
Lose that level and 86 to 82, or even 72$ (SSA), could be seen.
On a daily basis:
The daily uptrend is still holding, but the structure looks more like a bearish head and shoulders.
Upper big Resistanc: $98 - $100
Under 109.00, the long side feels unsafe. 🚨
Price could stay sideways yet before to see a bearish break likely.
#solana #sol
Weekly: trapped under the Kumo and between the T/K levels.
Neutral area: 109 to 92.50
92.50$ is the key level to watch, as it matches the weekly 50% fib.
Hold above and bulls could push upward again.
Lose that level and 86 to 82, or even 72$ (SSA), could be seen.
On a daily basis:
The daily uptrend is still holding, but the structure looks more like a bearish head and shoulders.
Upper big Resistanc: $98 - $100
Under 109.00, the long side feels unsafe. 🚨
Price could stay sideways yet before to see a bearish break likely.
#solana #sol