Solana (SOL): Bearish Momentum Builds as Key Support Levels Loo
🔥 Potential Price Targets:
🩸 Near-term Goal: $190
🩸 Long-term Goal: $179
🔥 FinCaesar's Strategy:
🩸 Short: Below $200, targeting $190 and $179. Bearish MACD and consistent selling pressure support further declines.
🩸 Long: Above $220, aiming for $230 and $240. A reversal would require strong bullish volume, which is uncertain at this point.
🔥 FinCaesar's Commands:
🩸 Resistance: $220 — The next key resistance level to challenge.
🩸 Support: $179 — Breaking below this could accelerate losses.
Solana is facing a bearish trend, with MACD momentum weakening and price unable to break the key resistance of $220. A breakdown below $179 could open the door to further declines.
👑 "In the face of adversity, only the swift will seize victory—act decisively." — FinCaesar
🩸 Near-term Goal: $190
🩸 Long-term Goal: $179
🔥 FinCaesar's Strategy:
🩸 Short: Below $200, targeting $190 and $179. Bearish MACD and consistent selling pressure support further declines.
🩸 Long: Above $220, aiming for $230 and $240. A reversal would require strong bullish volume, which is uncertain at this point.
🔥 FinCaesar's Commands:
🩸 Resistance: $220 — The next key resistance level to challenge.
🩸 Support: $179 — Breaking below this could accelerate losses.
Solana is facing a bearish trend, with MACD momentum weakening and price unable to break the key resistance of $220. A breakdown below $179 could open the door to further declines.
👑 "In the face of adversity, only the swift will seize victory—act decisively." — FinCaesar
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.