โ ๏ธ $SOL โ The Bull Trap Is Over
Solana is currently trading at $72.22 and the weekly chart is telling a very concerning story.
๐ What The Chart Is Saying
The bear flag pattern has formed and the retest area sits at $80.94.
Once that retest completes โ the real move begins.
Downside targets in order:
๐ด $61 โ first major support test
๐ด $53 โ next critical level
๐ด $40 โ deeper correction zone
๐ด $22.11 โ final bear target
This is not a small pullback. This is a full structural breakdown if the pattern plays out.
๐ก What Is A Bear Flag?
A bear flag forms when price makes a sharp drop then consolidates briefly before continuing lower. It is one of the most reliable bearish continuation patterns in technical analysis.
The retest at $80.94 would be the last chance for bulls to prove this reading wrong.
๐ Watch This Level Closely
If $80.94 holds as resistance and price gets rejected โ the path toward $61 and below opens up fast.
Manage your risk. Do not ignore the weekly chart. ๐
#SOL #Solana #CryptoTrading #BinanceSquare #CryptoAnalysis #Binance #BearFlag #Altcoins #PriceAction #CryptoSignals #Web3 #Blockchain #CryptoInvestor #CryptoAlert #DYOR #CryptoMarket #TradingStrategy #TechnicalAnalysis #AltcoinSeason
#BullTrapZone