#TrumpTariffs Alert: SOL faces downward risks below the descending pattern! 😨
$SOL
SOL
116.25
-2.08%
SOLUSDT
Perpetual
116.16
-2.24%
Since our last analysis, the market structure for 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 129.50 - 133 area before starting a downward wave.
This wave could begin as early as today, especially with Trump’s tariffs that may impact the markets.
If Solana declines, it could reach our downward 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
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