SOL $SOL – Potential Bearish Setup on the 4H Chart

#MarketPullback L #CryptoAnalysis


Solana (SOL) has formed a classic Head and Shoulders pattern on the 4-hour timeframe, which is typically a bearish signal. The pattern has already broken the neckline, indicating a potential shift in market structure.


While this breakdown is a strong signal, we are still waiting for confirmation before fully validating the pattern’s impact. If confirmed, this could trigger a significant move to the downside.


🔻 Short Position Details:




  • Entry: After neckline retest or break confirmation



  • Stop Loss: Above the right shoulder



  • Take Profit Targets: Based on the height of the head to the neckline


📌 Please note: This is not financial advice. Always Do Your Own Research (DYOR) before making any trading decisions. Risk management is