wyk_fx
--
Is Sol crushing?
$SOL
🚨 SOL CRASH ALERT! Are the Bulls Giving Up? (Weekly Chart Analysis) 📉
Hello, Binance Square Community! The chart for Sol is looking extremely bearish, and we need to talk about this potential major collapse.
The chart you see is a weekly (1 \text{W}) chart, which shows the big picture—and the big picture is a massive reversal.
What the Candlesticks are Screaming
The Breakdown: The price action has decisively fallen out of the clear rising channel/uptrend that was established earlier in 2025. This is the first major red flag.
Failed Resistance: The price spiked and was firmly rejected at the major resistance zone between $253.61 and $275.82. This confirmed a strong seller presence at those levels.
Current State: $SOL is currently trading around $123.02, having lost over 47% from the recent high on this chart. The bear trend is in full force, and traders should be highly cautious about trying to catch this falling knife.
The Key Levels to Watch
The immediate battleground is the Current Price at $123.02. A break below here accelerates the drop.
Our Initial Target (Support) is the next significant structural support level at $94.36. A breakdown to this point seems highly probable based on the current momentum.
Worst-Case Scenario: If the $94 support fails, we could see a complete retracement to the levels below $69.50.
My Strategy:
Avoid Longs: With the price firmly outside the trend channel and facing massive selling pressure, attempting to buy ("long") right now is extremely high-risk.
Wait for Confirmation: I am waiting to see if $SOL can consolidate above the key support at $94.36. Until then, the trend is DOWN.
Risk Management: This chart is a prime example of why setting a Stop-Loss and managing risk is essential.
❓ Your Thoughts: Will SOL Drop Below $100?
The market demands adaptability! I support your sentiment completely. Adapt or lose.
What is your trade strategy here?
A. I’m buying now, it's oversold! 🐂
B. I'm waiting for the $94.36 target. 📉
C. I’m staying out of sol for now. 🛑
Let me know in the comments! 👇
#solana #sol #TechnicalAnalysis #CryptoTrading #BearMarket
🚨 SOL CRASH ALERT! Are the Bulls Giving Up? (Weekly Chart Analysis) 📉
Hello, Binance Square Community! The chart for Sol is looking extremely bearish, and we need to talk about this potential major collapse.
The chart you see is a weekly (1 \text{W}) chart, which shows the big picture—and the big picture is a massive reversal.
What the Candlesticks are Screaming
The Breakdown: The price action has decisively fallen out of the clear rising channel/uptrend that was established earlier in 2025. This is the first major red flag.
Failed Resistance: The price spiked and was firmly rejected at the major resistance zone between $253.61 and $275.82. This confirmed a strong seller presence at those levels.
Current State: $SOL is currently trading around $123.02, having lost over 47% from the recent high on this chart. The bear trend is in full force, and traders should be highly cautious about trying to catch this falling knife.
The Key Levels to Watch
The immediate battleground is the Current Price at $123.02. A break below here accelerates the drop.
Our Initial Target (Support) is the next significant structural support level at $94.36. A breakdown to this point seems highly probable based on the current momentum.
Worst-Case Scenario: If the $94 support fails, we could see a complete retracement to the levels below $69.50.
My Strategy:
Avoid Longs: With the price firmly outside the trend channel and facing massive selling pressure, attempting to buy ("long") right now is extremely high-risk.
Wait for Confirmation: I am waiting to see if $SOL can consolidate above the key support at $94.36. Until then, the trend is DOWN.
Risk Management: This chart is a prime example of why setting a Stop-Loss and managing risk is essential.
❓ Your Thoughts: Will SOL Drop Below $100?
The market demands adaptability! I support your sentiment completely. Adapt or lose.
What is your trade strategy here?
A. I’m buying now, it's oversold! 🐂
B. I'm waiting for the $94.36 target. 📉
C. I’m staying out of sol for now. 🛑
Let me know in the comments! 👇
#solana #sol #TechnicalAnalysis #CryptoTrading #BearMarket
ရှင်းလင်းချက်- ပြင်ပအဖွဲ့အစည်း၏ ထင်မြင်ယူဆချက်များ ပါဝင်သည်။ ဘဏ္ဍာရေးဆိုင်ရာ အကြံပေးခြင်း မဟုတ်ပါ။ စပွန်ဆာပေးထားသော အကြောင်းအရာများ ပါဝင်နိုင်ပါသည်။ See T&Cs.
0
0
နောက်ဆုံးရ ခရစ်တိုသတင်းများကို စူးစမ်းလေ့လာပါ
⚡️ ခရစ်တိုဆိုင်ရာ နောက်ဆုံးပေါ် ဆွေးနွေးမှုများတွင် ပါဝင်ပါ
💬 သင်အနှစ်သက်ဆုံး ဖန်တီးသူများနှင့် အပြန်အလှန် ဆက်သွယ်ပါ
👍 သင့်ကို စိတ်ဝင်စားစေမည့် အကြောင်းအရာများကို ဖတ်ရှုလိုက်ပါ
အီးမေးလ် / ဖုန်းနံပါတ်