SOL rejected cleanly from stacked supply zones above 200 and confirmed a bearish market structure break on the 12H.
This rally looks exhausted, with a lack of momentum and no reclaim of key invalidation levels.
MACD is still trending down, RSI struggles to break 50, and previous support zones are now flipping resistance.
Unless bulls reclaim 150 fast, Solana could bleed back toward the 115–120 range.
No signs of strength yet. Bears holding the range.
Bias: Bearish
Pair: SOL/USDT
Timeframe: 12H
This is not financial advice, only data analysis. Please consult a qualified financial professional for personalized guidance.
This rally looks exhausted, with a lack of momentum and no reclaim of key invalidation levels.
MACD is still trending down, RSI struggles to break 50, and previous support zones are now flipping resistance.
Unless bulls reclaim 150 fast, Solana could bleed back toward the 115–120 range.
No signs of strength yet. Bears holding the range.
Bias: Bearish
Pair: SOL/USDT
Timeframe: 12H
This is not financial advice, only data analysis. Please consult a qualified financial professional for personalized guidance.
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.
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.