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🚨 Alert: SOL faces bearish risks under the descending pattern! 😨
SOL
114.2
-10.29%
SOLUSDT
Perpetual
Since our last analysis, the market structure of Solana has changed significantly. With the price remaining below a major descending pattern, long trades remain high risk - at least until a clear reversal is confirmed.
What’s happening?
From the current perspective, Solana may test the area of 129.50 - 133 before beginning a downward wave.
This wave may start as soon as today, especially with Trump's tariffs which may affect the markets.
If Solana declines, it may reach our bearish targets: 🎯 116 🎯 104 🎯 92
You can find more details in the chart!
Thank you and we wish you good luck!
Trade at your own risk 👍
Best regards, Cryptocurrency Trading
Follow us for more updates.$SOL
