🐻 Solana in bear market! $120 on the radar?
The 'head and shoulders' pattern on the daily chart of $SOL is signaling a possible drop to the $120 region, with strong support in the demand block between $95–$120.
📉 Selling pressure has increased, but the onchain tells another story:
🔹 Solid SOL withdrawals from exchanges
🔹 Strong network usage (stable NVT)
🔹 Quiet accumulation by holders
✨ While the bear dominates the short term, the fundamentals indicate that the ecosystem remains strong — are we just clearing the way for the next rally?
#Solana #CryptoNews #BearMarket #Write2Earn #SOL #Bitcoin #TechnicalAnalysis #Accumulation