Let’s break it down.
On the 4H timeframe, $SOL has printed a classic Head and Shoulders pattern – a structure typically considered bearish. The neckline has already been broken, which is our first major signal. Now, we're watching for a confirmation move before expecting further downside.
📉 Chart Breakdown Includes:
Suggested Short Entry Zone
Stop Loss placement
Multiple Take Profit targets
This setup is based on technical structure only. As always, not financial advice – just sharing what I'm seeing in the charts. Please DYOR (Do Your Own Research) before making any trading decisions.
Let’s see how
this plays out!$SOL