📊 $SOL: Head & Shoulders Breakdown Confirmed? What's Next for Solana? 📉
Solana ($SOL) has completed a classic Head & Shoulders bearish reversal on the daily chart, breaking below its neckline support at ~$141. This move signals potential downside continuation if buyers fail to reclaim key levels.
🔍 Pattern Overview:
* Head: ~$165
* Shoulders: ~$151
* Neckline: ~$141
* ✅ Confirmed Breakdown: Price now below $130
* 📉 Measured Target: ~$117–106 [1]
📊 What This Means: This breakdown suggests strong selling momentum. If $126–128 fails to hold, next supports lie at $120 and $114. A full breakdown extension targets ~$106.
Are you bullish or bearish on $SOL in the short term? Share your thoughts! 👇
