“SOL looks tense on the daily.
The uptrend has snapped.
$193–$200 is key support.
Discipline > FOMO here.”
SOL/USDT Showing Warning Signs—Is This the Time to Short?
$SOL
Something’s tense on the daily chart. Solana is showing a breakdown of its uptrend with several bearish red flags lining up.
Here’s the gist: the uptrend line has been broken. Bollinger Bands are confirming a potential top. To add to that, there are bearish divergences in play, and the daily candles are turning bearish. That combination doesn’t guarantee a drop—but it sure raises red flags.
It doesn’t scream crash yet, but it’s enough to pause optimism. A correction isn’t off the table, and traders who’ve been riding the trend could start pulling back soonly. If the price can’t claw back above the trendline, we might see a slide toward stronger support zones around $193–$200.
So here’s what matters: wait for confirmation. If the reversal gathers momentum, it could be a short worth considering. If not, bulls might still reclaim control. Watch the trendline and divergence setup closely—this one could swing either way.
Something’s tense on the daily chart. Solana is showing a breakdown of its uptrend with several bearish red flags lining up.
Here’s the gist: the uptrend line has been broken. Bollinger Bands are confirming a potential top. To add to that, there are bearish divergences in play, and the daily candles are turning bearish. That combination doesn’t guarantee a drop—but it sure raises red flags.
It doesn’t scream crash yet, but it’s enough to pause optimism. A correction isn’t off the table, and traders who’ve been riding the trend could start pulling back soonly. If the price can’t claw back above the trendline, we might see a slide toward stronger support zones around $193–$200.
So here’s what matters: wait for confirmation. If the reversal gathers momentum, it could be a short worth considering. If not, bulls might still reclaim control. Watch the trendline and divergence setup closely—this one could swing either way.
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SOL
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