☄️ $SOL breaks support, and $95.86 is next ☄️
🕸️ 4H chart:
• $105.81 support broke and is now resistance
• Price closed below the green uptrend line
• Both moving averages sit above the price
🔌 Where it stands: Solana trades near $102.
🪢 The target: $95.86, about 6% lower. That's the level the bearish path on my chart has pointed to for days.
🌗 The other side: a close back above $105.81 would put the breakdown in doubt, and the next ceiling above that is $124.90.
Does $SOL reach $95.86, or does it bounce first? 👇
#Solana #SOL #crypto #analysis
🕸️ 4H chart:
• $105.81 support broke and is now resistance
• Price closed below the green uptrend line
• Both moving averages sit above the price
🔌 Where it stands: Solana trades near $102.
🪢 The target: $95.86, about 6% lower. That's the level the bearish path on my chart has pointed to for days.
🌗 The other side: a close back above $105.81 would put the breakdown in doubt, and the next ceiling above that is $124.90.
Does $SOL reach $95.86, or does it bounce first? 👇
#Solana #SOL #crypto #analysis