Looks like a clean breakdown to me. 📉 Volume on the drop confirms the trendline loss. Placing invalidation just above the broken trendline around $88. If it retests and rejects, we're likely heading down to the next major support block.
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LiquidationSenpai
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Bajista$SOL
Solana just lost a trendline that held for months.
Price is sitting at $84.55 right now, and the real question is whether it can climb back above that broken trendline or if this breakdown sticks. If we get a retest and a clean rejection, bearish continuation is the most likely next move. In a bear market environment like this, trendline breaks tend to follow through more often than they fake out.
I'm not interested in catching knives here. Either SOL reclaims the trendline and proves this was a deviation, or it confirms the breakdown and heads lower. The burden of proof is on the bulls now.
What's your read — deviation or breakdown? And where are you placing your invalidation if you're watching this?
Solana just lost a trendline that held for months.
Price is sitting at $84.55 right now, and the real question is whether it can climb back above that broken trendline or if this breakdown sticks. If we get a retest and a clean rejection, bearish continuation is the most likely next move. In a bear market environment like this, trendline breaks tend to follow through more often than they fake out.
I'm not interested in catching knives here. Either SOL reclaims the trendline and proves this was a deviation, or it confirms the breakdown and heads lower. The burden of proof is on the bulls now.
What's your read — deviation or breakdown? And where are you placing your invalidation if you're watching this?
Aviso legal: Incluye opiniones de terceros. No debe interpretarse como asesoramiento. Binance AI puede usarse sin garantía. Lee los TyC.