Be careful with Solana — the market might trick you into thinking a bullish reversal is forming.
In reality, the downtrend hasn’t finished yet.
A descending triangle is forming, and the breakout could be strongly to the downside.
🎯 Targets:
1️⃣ 164
2️⃣ 156
3️⃣ 138
❌ Invalidation: if price reaches the red zone marked on the chart
In reality, the downtrend hasn’t finished yet.
A descending triangle is forming, and the breakout could be strongly to the downside.
🎯 Targets:
1️⃣ 164
2️⃣ 156
3️⃣ 138
❌ Invalidation: if price reaches the red zone marked on the chart
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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.
Related publications
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.
