SOL Crisis! The technical indicators are releasing strong bearish signals, and a life-and-death battle at the critical line is imminent.

On June 21, the SOL price officially fell below the key support of $140 and formed a significant head and shoulders reversal pattern. The consensus among technical analysts is clear — a mid-term downtrend has been established, and the pace of bearish control is accelerating.

📉 Short-term downward targets aim at two major defensive lines.

First target: $110 (previously a dense trading area), if breached, it will open up downward space;

Extreme target: $93 (the theoretical decline of the head and shoulders pattern), which may become the ultimate hunting ground for bears.

Currently, bullish rebounds are repeatedly suppressed, and the 20-day moving average ($147) has become the rebound 'life-and-death line'. If it cannot break out with volume and stabilize, the market will confirm a technical breakdown, likely retracing to the $110 level, or even testing $93 directly.

🔄 There is still a rebound window, but it must overcome three major hurdles.

First key: Recover the 20-day moving average and hold it steadily to reverse the short-term downturn;

Key resistance: 50-day moving average ($159), which serves as the mid-term divide between bulls and bears and may trigger a second bearish attack;

Ultimate verification: Need to break the descending trend line (currently in the $149-$158 range) to confirm a trend reversal.

🕒 4-hour level technical warning

Moving average system: EMA moving averages are in a bearish arrangement, and the downtrend remains unchanged;

Oversold signal: RSI approaching the 30 oversold zone may trigger a short-term technical rebound, but caution is needed for 'false bullish' risks;

Key battle: $140 has turned from support to resistance; if the rebound is blocked here, bears may make a comeback.

Conclusion: The short-term fate of SOL hinges on the battle for the 20-day moving average. If it falls below, it will accelerate the search for a bottom, and if it recovers, caution is needed for ambushes at the 50-day moving average. In terms of operations, it is recommended to closely monitor the $140-$147 'decisive battle zone'; act decisively to avoid risk after a breakdown, and reduce positions on rebounds without going against the trend!