#Solana is bleeding, and the bears are firmly in control.
The 1-hour chart shows a clear breakdown from the $122 resistance, plunging to a fresh 24-hour low of $114.22. With sentiment sitting at a fearful 28% and volatility marked high, this isn't a safe spot to catch a falling knife.
Market Direction: BEARISH 📉
Entry : $116.00 - $118.00
SL: $121.50
TP1:$112.00
TP2: $108.50
Don't force a long here; let the market come to you. Stay patient and protect your capital.
The 1-hour chart shows a clear breakdown from the $122 resistance, plunging to a fresh 24-hour low of $114.22. With sentiment sitting at a fearful 28% and volatility marked high, this isn't a safe spot to catch a falling knife.
Market Direction: BEARISH 📉
Entry : $116.00 - $118.00
SL: $121.50
TP1:$112.00
TP2: $108.50
Don't force a long here; let the market come to you. Stay patient and protect your capital.