My people! Pay attention to this thing with Solana (SOL) because things don't look very good! 😬 The cryptocurrency is in a downtrend that you can't even imagine and it seems to be heading straight for a support zone which is crucial to see what the hell happens. The analyses from MakroVision Research, who are experts at this, say that SOL couldn't maintain a key Fibonacci level, those magic numbers they use to see where the price might go, and now it's like in free fall.

Imagine! The coin is testing $136, and everyone's eyes are on the area they call the "Golden Pocket" which is between $131 and $126. That is the battlefield, folks! If it doesn't hold there, things are going to get uglier.

MakroVision also tells us that Solana remains trapped in a well-defined downtrend, with the peak prices getting lower and lower, meaning there's no strength to rise. That rebound it had up to $188 came back down quickly, showing that there's a lot of resistance and little strength from those who want it to go up. There are no signs that this situation is going to turn around soon! 😥

So, be careful! There are two important support levels to keep an eye on:

  • Between $131 and $126: This is the area where several important support points meet, and if those who want to see it rise don't defend it here, oh boy!

  • $117: This is the last support level before things get critical. If $126 fails, it's very likely that Solana will drop to $117, which would confirm that the downtrend is stronger than ever.

And what could happen? Well, MakroVision gives us two scenarios, like in a novel:

  1. If it rebounds strongly between $131 and $126: If Solana gathers strength out of nowhere and recovers from that zone, and manages to exceed $153, there could be a short-term push to reach $170 and, hopefully, $188, which would revive optimism! Let's keep our fingers crossed! 🙏

  2. If it breaks below $126: If it plunges and goes past $126 with determination, it's very likely that Solana will collapse to $117. And at that point, the downtrend would be confirmed and put all long-term support structures at risk. It would be a disaster! 🤯

In summary, Solana is at a crucial moment. What happens in that range of $131-$126 will be decisive. If it can't hold, another drop is coming. But if it rebounds strongly, perhaps we'll see the sun again! Investors and traders are wide-eyed waiting to see what happens. Stay alert!$SOL