โš ๏ธ Solana Breaks $140 โ€“ Bearish H&S Pattern Confirmed! ๐Ÿงจ


๐Ÿ“‰ SOL/USDT: ~$134.36

๐Ÿง  Bearish Head & Shoulders pattern completes with close below $140

๐Ÿ“‰ Downside target: $93 if breakdown continues



๐Ÿ” Whatโ€™s Next?

๐Ÿ”ป Bearish Continuation:

โ€ข Below $140 = Pressure remains

โ€ข Targets: $110 โ†’ $93


๐Ÿ”ผ Relief Rally Possible:

โ€ข RSI = Oversold

โ€ข Bounce could retest:

$140 (breakdown level)

$148 (20-day EMA)

$160 (50-day SMA resistance)

๐Ÿ“ˆ Bullish Signal:

Close above 50-SMA = recovery path to $149 โ†’ $158

โš ๏ธ Caution: Bearish trend dominates, but short-term bounce may trap late sellers.

#Solana #SOL #HeadAndShoulders #TechnicalAnalysis $SOL