🚨 SOLUSDT: Bear Flag Breakdown 🚩
Today we are seeing a very interesting technical formation on SOLUSDT.$SOL
After a strong drop from $154.5 down to $142, the price attempted a recovery, forming a rising channel — a classic "flag" after a sharp fall.
But now — the price has broken down below the channel, confirming the Bear Flag pattern.
💣 What does it mean?
The downward impulse is in motion.
🎯 Target projection sits around $133–134 based on the flagpole height.
🚫 Strong resistance is holding at $146.28, preventing the price from climbing back.
📚 Quick tip for beginners:
> The Bear Flag is one of the strongest continuation patterns in technical analysis.
After a sharp drop, price consolidates in an upward-sloping parallel channel.
A breakdown from this channel often leads to a continuation of the decline, roughly equal to the initial impulse.
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