CryptoQueen_DXC

$SOL is showing a Head and Shoulders (H&S) formation on the 4-hour timeframe which is quite sharp—the peaks at $93.18 (Left Shoulder), $98.41 (Head), and the recent rejection near $93.00 (Right Shoulder) align perfectly with this bearish structure..
The Neckline: The critical support (neckline) is sitting around the $88.00 – $90.00 area. A 4-hour candle close below this level would confirm the pattern.
MACD Signal: Looking at your screenshot, the MACD is currently in bearish territory with the signal lines crossing downward and the histogram showing increasing red momentum. This suggests the "Right Shoulder" is currently under heavy selling pressure.
Support Zones: If the neckline breaks, the "measured move" (the height from head to neckline) suggests a potential drop toward $82.00, which matches previous consolidation levels.
When will SOL hit $98 again?
To hit $98 again, SOL needs to "invalidate" this bearish pattern. Here are the two most likely scenarios for its return to that peak:
1. The "Bullish Invalidation" (Fast Path: 3–7 Days)
For this to happen, buyers must step in immediately at the $90.00 support. If SOL can bounce and break back above the Right Shoulder peak ($93.50) with high volume, the Head and Shoulders pattern is considered "failed." In this case, momentum could carry it back to $98.41 within the next week, especially if the Alpenglow consensus upgrade news provides a fundamental boost.
2. The "Correction & Recovery" (Slow Path: 2–3 Weeks)
If the pattern plays out and SOL drops to the $82–$85 range, it will likely need time to consolidate and form a new base. Historically, SOL has shown strong "V-shaped" recoveries, but a full round-trip back to $98 from a breakdown would likely take until late May or early June 2026.
Note: Keep a close eye on the $90 level. As long as it stays above $90, the bulls still have a fighting chance to push for $98 without a major dip first.
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The Big Question: Hike or Cut?
The "King" (Trump) spent years roasting Powell and finally got Warsh into the seat. So, what happens now?
The Pressure to Cut: Politics usually wants lower rates to keep the economy "vibing" and the stock market green.
The Reality Check: With inflation (PPI) shooting back up to 6%, cutting rates right now could make prices spiral out of control.
The Verdict: Warsh is stuck between a rock and a hard place. If he cuts rates to please the White House, inflation might explode. If he hikes rates to kill inflation, he upsets the person who helped him get the job.
Whether the "last guy" was better is up for debate, but one thing is for sure: Warsh’s first week is going to be chaotic. 🍿
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"Tomorrow is LEGENDARY. 🚨 CPI data + Powell’s replacement vote. No more boring 'Good Afternoons'—the market is about to get wild. CPI hits at 8:30 AM, and the Senate votes on the new Fed Chair. Don’t get caught on the wrong side! 👊💥 #TradingLife #cpi #TRUMP #Fed
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$SOL Long Signal 🚀
Entry: $97.00 – $97.50 (Current Market Price)
Target 1: $98.40 (Immediate Resistance)
Target 2: $100.50 (Main Objective)
Stop Loss: $94.30 (Invalidation Level)
Strategy: The breakout above $95 is confirmed. Enter on the current strength or a minor retest of $97. Momentum is targeting the psychological $100 barrier.
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Trade here $SOL