๐Ÿšจ Solana ($SOL ) Market Update โ€“ Critical Levels to Watch! ๐Ÿšจ

๐Ÿ”น Trend Shift: Solana has broken the floor of its rising trend channel in the medium-to-long term, indicating a weakening bullish momentum. Traders should stay cautious as the uptrend slows down.

๐Ÿ”น Double Top Breakdown: SOL recently broke below the key support at $178, confirming a double top formationโ€”a strong bearish signal. This suggests further downside potential.

๐Ÿ”น Next Target: $118? The technical setup now signals a possible decline toward $118 or lower if selling pressure continues.

๐Ÿ”น Resistance at $125: SOL is currently testing resistance around $125.

โœ… Break above $125 โ†’ A positive signal, possibly leading to a recovery.

โŒ Rejection at $125 โ†’ Could trigger further downside movement.

๐ŸŽฏ Trading Plan for SOL Traders:

๐Ÿ“Œ Bullish Case: Wait for a clear breakout above $125 before considering new long positions.

๐Ÿ“Œ Bearish Case: If SOL fails to hold above $125, expect more downside, with $118 as the next major support.

๐Ÿ’ก Key Takeaway: SOL is at a critical levelโ€”watch $125 resistance and $118 support for the next big move!

๐Ÿ“Š Are you bullish or bearish on Solana? Drop your thoughts in the comments! ๐Ÿ‘‡

#BotOrNot #FlatPPI #FollowTheLeadTrader #USTariffs #CryptoCPIWatch