๐$SOL closes February in critical zone: Active weekly Head & Shoulders โ Will it break or bounce?
Today Solana closes February trading around $80 โ $82, in one of the most important technical zones of the year. The market closes the most difficult month of the cycle. And SOL has a technical signal that traders cannot ignore. ๐
๐ TODAY:
๐ $SOL accumulates -11% in February โ one of the hardest-hit assets in the top 10.
โ ๏ธ CryptoTicker reports: a weekly Head & Shoulders pattern has formed in SOL โ if it loses $71-$74, the bearish target is $48 โ $50.
๐ BUT: SOL maintained positive institutional inflows throughout February according to CoinShares โ smart money continues to accumulate.
โก Funding rates at extreme negative โ shorts pay to stay. Historically precedes violent reversals.
๐ณ PayPal uses SOL as the main network for PYUSD. U.S. banks liquidate USDC on Solana.
๐ฏ KEY Levels:
๐ด CRITICAL Support: $76.7 โ $71 (losing $71 activates the bearish H&S)
๐ก Resistance: $85 โ $95
๐ข If it recovers: $110 โ $150 โ $240
โ ๏ธ If it loses $71: $48 โ $50 as bearish target of the H&S
๐ก DeepSeek projects $275 โ $350 in 2026. Alpenglow upgrade (150ms) on the way. The zone between $71 and $80 defines the fate of $SOL in March. How does the monthly candle close? ๐
โ ๏ธ Not financial advice. DYOR.
#solana #SOL #BinanceSquare #CryptoAnรกlisis #SOLHoy
