Hey Traders!
#SOL is currently showing strong bearish signals on the 2H timeframe:
🔸 Rising Wedge Pattern spotted — a classic bearish reversal structure.
🔸 Bearish Divergence on RSI — momentum is weakening while price continues higher.
🔸 Breakdown from the wedge already occurred — confirming the initial weakness.
Next Key Support Zone: $120–$130
This zone has held multiple times, but a clean break below followed by a retest could offer a high-probability short setup.
🎯 Trade Plan:
We’re watching for:
Break of the $120–$130 support
Retest of the broken level
Entry on confirmation with strict risk management
💬 What’s your take on #SOL? Are you bullish or bearish? Drop your thoughts below!
🧠 Trade smart, manage your risk, and follow for more TA like this!
📌 Like, comment, and share if you found this helpful.
#SOL #Solana #CryptoTrading #BearishDivergence #RisingWedge #TechnicalAnalysis #TradingSetup #ShortTrade #CryptoTA #Altcoins
#SOL is currently showing strong bearish signals on the 2H timeframe:
🔸 Rising Wedge Pattern spotted — a classic bearish reversal structure.
🔸 Bearish Divergence on RSI — momentum is weakening while price continues higher.
🔸 Breakdown from the wedge already occurred — confirming the initial weakness.
Next Key Support Zone: $120–$130
This zone has held multiple times, but a clean break below followed by a retest could offer a high-probability short setup.
🎯 Trade Plan:
We’re watching for:
Break of the $120–$130 support
Retest of the broken level
Entry on confirmation with strict risk management
💬 What’s your take on #SOL? Are you bullish or bearish? Drop your thoughts below!
🧠 Trade smart, manage your risk, and follow for more TA like this!
📌 Like, comment, and share if you found this helpful.
#SOL #Solana #CryptoTrading #BearishDivergence #RisingWedge #TechnicalAnalysis #TradingSetup #ShortTrade #CryptoTA #Altcoins
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