On June 3, 2025, Solana (SOL) formed an ascending channel pattern on the 1-hour chart. An ascending channel appears when the price moves between two parallel upward-sloping trendlines, often signaling a temporary bullish recovery in a larger downtrend. However, the setup on this chart shows weakening momentum. SOL trades at $161.36, while the price stays […]
The post Solana Signals 11% Drop as Bearish Pattern and Indicators Align appeared first on Coinchapter.
