GK-ARONNO
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Solana bullrun is over. Next bear market lows💥🔥
$SOL
Solana has super nice bullrun in 2023-24 but all good things comes to an end.
I will talk about long-term targets and not about short-term movements.
StochRSI formed bearish divergence on 1M timeframe. It continues to move down.
Price formed double top (clearly see if you change chart to line chart)
Price touched 2021 bullrun highs. It took all liquidity at this level.
Current candle is bearish engulfing candle (but month is not over yet)
It will be interesting again in coming bear market when price reaches 15-30$ region (liquidity level of spring-summer 2023) most likely in 2026
Solana has super nice bullrun in 2023-24 but all good things comes to an end.
I will talk about long-term targets and not about short-term movements.
StochRSI formed bearish divergence on 1M timeframe. It continues to move down.
Price formed double top (clearly see if you change chart to line chart)
Price touched 2021 bullrun highs. It took all liquidity at this level.
Current candle is bearish engulfing candle (but month is not over yet)
It will be interesting again in coming bear market when price reaches 15-30$ region (liquidity level of spring-summer 2023) most likely in 2026
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